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Turnkey Two-Family Investment Opportunity

14-16 Otsego Street Oneonta, NY 13820

For Sale

$250,000

MULTI_FAMILY - Other - Oneonta, NY

Property size:

2,756 SF

Price / SF:

$90/SF

For Sale

$250,000

MULTI_FAMILY - Other - Oneonta, NY

Property size:

2,756 SF

Price / SF:

$90/SF

Added:: Mar 29, 2026
Days on Market:: 104
Last Refresh:: Jul 10 at 9:06 pm

Property Features for 14-16 Otsego Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 2
Rooms: Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5
Appliances: WaterHeater
Standard status: Active
APN: 300.6-3-19
Size: 2,756 SF

Taxes and HOA fees

Tax Annual Amount: 2877

Utilities

Heating system: Forced Air, Natural Gas
Water source: Public

Building Details

Year built: 1920
Floors in Building: 2
Number of units: 2
Flooring type: Varies, Laminate, Vinyl
Building materials: WoodSiding
Architectural style: Other

Listing agent Brandon Mosher License #10301224028

Listing office River Hills Properties LLC Lf 525 Albany St., barneveld, NY

Listing date Mar 29, 2026

MLS# S1669841 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Oneonta, NY, 14-16 Otsego Street is a two-family property featuring 6 bedrooms and 2 bathrooms. Each unit offers 3 bedrooms. The property has separate utilities for each unit. The owner is responsible for water and sewer. The property has a strong rental history and produces an annual NOI of $17,800. This property is part of a three-property investment package. The portfolio includes 1-3 Birch Street, a two-unit duplex with separate utilities, and 34 Pine Street, a two-unit duplex with separate utilities and additional garage rental income. The total portfolio NOI is $49,500, offered at a 7.125% cap rate, with 6 total units across 3 properties. The property is centrally located near schools, downtown, and amenities. The property has potential for future rent growth.

Key Highlights

14‑16 Otsego Street is a 2‑family duplex built in 1920 with 6 bedrooms and 2 bathrooms total.
Each unit offers 3 bedrooms, with separate utilities for each side to help manage expenses.
Owner pays only water and sewer; public water service is available.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$43.0k	$15.60
− Vacancy	−$2.1k	−$0.78
EGI	$40.8k	$14.82
− OpEx	−$18.4k	−$6.67
NOI	$22.5k	$8.15

2,756 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use

Multifamily LT 5

$343.8K

$300.8K – $401.1K (±1% cap)

NOI $24,065 @ 7.0% cap · market cap 9.63%

Second Best

Apartment 5plus

$320.9K

$280.8K – $374.4K (±1% cap)

NOI $22,464 @ 7.0% cap · market cap 8.99%

Theoretical Best

Office A

$759.7K

$664.8K – $886.3K (±1% cap)

NOI $53,180 @ 7.0% cap · market cap 21.27%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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For sale
Duplexes
NY
Oneonta
13820
14-16 Otsego Street

What type of property is this?

Duplex - Two-family property with strong rental history in Oneonta, NY.

Where is this duplex located?

The property is located at 14-16 Otsego Street Oneonta, NY.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 14‑16 Otsego Street is a 2‑family duplex built in 1920 with 6 bedrooms and 2 bathrooms total.; Each unit offers 3 bedrooms, with separate utilities for each side to help manage expenses.; Owner pays only water and sewer; public water service is available.

14-16 Otsego Street Oneonta, NY 13820

MULTI_FAMILY - Other - Oneonta, NY

Property Features for 14-16 Otsego Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Turnkey Dermatology Medical Office

Downtown Mixed-Use Property

Turn-Key Restaurant with Large Parking

Brick Office Building with Up to 4 Units

Mixed-Use Multifamily Building

Two-Unit Residential Income Home

Oneonta Apartment Building Near Downtown

Well-Maintained West End Triplex

Turn-Key Downtown Restaurant Building

Up-and-Down Duplex with Bonus Room

Four-Unit Multi-Family Corner Property

Four-Unit Multifamily Residence with Parking

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