Two-Unit Duplex with
For Sale
$185,000
14 Columbia St, Oneonta, NY 13820
Occupied duplex with separate tenant-paid electric and heat, plus outdoor porch space for each apartment.
Property Size1,736 SF
Price / SF$106.57
Days on Market60
Property Features for 14 Columbia St
General Information
Standard status
Active
Size
1,736 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
porches
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Benson Agency Real Estate LLC
Listed By:
Michele L. Frazier · License #10401272246
(607) 431-8854
Source:
Skinnercnyrealty
Added: Aug 14
Changed: Sep 11
Last Checked: Oct 7 at 4:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benson Agency Real Estate LLC
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,736 square feet and dates to 1900. Both apartments include porches, while the property also features a roof replaced in 2022. The building is fully rented, and tenants pay their own electric and heat expenses.
Located on Columbia St in Oneonta, the property offers access to downtown and nearby colleges. A current COC is also in place, supporting the existing two-unit configuration.
Located on Columbia St in Oneonta, the property offers access to downtown and nearby colleges. A current COC is also in place, supporting the existing two-unit configuration.
Key Highlights
- Two‑unit duplex with 1,736 SF of building area
- Fully rented with paying tenants
- Porch included with both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,158
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,160
$303.2K
Cap Rate 7%
$216,543
$216.5K
Cap Rate 9%
$168,422
$168.4K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$22.9K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$21.7K $12.47/SF
− OpEx
−$6.5K −$3.74/SF
NOI
$15.2K $8.73/SF
Area
Otsego County, NY
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,160
Cap Rate 7%
$216,543
Cap Rate 9%
$168,422
Alternative Uses
Best Use
Multifamily LT 5
$216.5K
$189.5K – $252.6K
NOI $15,158 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$202.1K
$176.9K – $235.8K
NOI $14,150 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$478.5K
$418.7K – $558.3K
NOI $33,498 @ 7.0% cap · market cap 18.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied duplex with separate tenant-paid electric and heat, plus outdoor porch space for each apartment.
Where is this duplex located?
The property is located at 14 Columbia St Oneonta, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,736 SF of building area; Fully rented with paying tenants; Porch included with both apartments
