3-Unit Apartment
New
For Sale
$189,900
14 East St, Oneonta, NY 13820
Separate utility service and off-street parking serve the three-apartment layout.
Property Size1,800 SF
Days on Market3
Property Features for 14 East St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
With a little paint
Units
Unit Mix
2 x 1BR, 1 x 2BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,679
Building Details
Building Size
1,800 SF
Year Built
1900
Buildings
1
Stories
2
Units
3
Listing Agency:
Oneonta Realty, LLC
Listed By:
Christine Keto · License #30KE1019431
(607) 287-8458
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:17AM
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 Oneonta Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1900, this three-apartment property at 14 East St in Oneonta has two one-bedroom units and one two-bedroom unit. The one-bedroom apartments are occupied, while the two-bedroom apartment is vacant and needs paint. Each apartment has separate utilities; the building has three gas furnaces and four electric meters.
Off-street parking is available, and the property is near a bus stop, downtown, and parks. The owner handles garbage, water, electricity for common areas, snow removal, and lawn maintenance.
Off-street parking is available, and the property is near a bus stop, downtown, and parks. The owner handles garbage, water, electricity for common areas, snow removal, and lawn maintenance.
Key Highlights
- Three apartments: two one‑bedroom units and one two‑bedroom unit
- Both one‑bedroom apartments are occupied; the two‑bedroom apartment is vacant and needs paint
- Separate utilities for each apartment, with 3 gas furnaces and 4 electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,717
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340
$314.3K
Cap Rate 7%
$224,529
$224.5K
Cap Rate 9%
$174,633
$174.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$23.8K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$22.5K $12.47/SF
− OpEx
−$6.7K −$3.74/SF
NOI
$15.7K $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%
$314,340
Cap Rate 7%
$224,529
Cap Rate 9%
$174,633
Alternative Uses
Best Use
Multifamily LT 5
$224.5K
$196.5K – $262.0K
NOI $15,717 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$209.6K
$183.4K – $244.5K
NOI $14,672 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K
NOI $34,733 @ 7.0% cap · market cap 18.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
803
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Separate utility service and off-street parking serve the three-apartment layout.
Where is this triplex located?
The property is located at 14 East St Oneonta, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three apartments: two one‑bedroom units and one two‑bedroom unit; Both one‑bedroom apartments are occupied; the two‑bedroom apartment is vacant and needs paint; Separate utilities for each apartment, with 3 gas furnaces and 4 electric meters
