Apartment Building with Separate
For Sale
$300,000
16 West Street, Oneonta, NY 13820
Includes five one-bedroom units in the main house and a separate one-bedroom cottage.
Property SizeContact for details
Days on Market196
Property Features for 16 West Street
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Sewer Connected, Asphalt
Building Details
Year Built
1920
Listing Agency:
Keller Williams Upstate Ny Pro
Listed By:
Ben Holscher · License #10401320780
(607) 376-7509
Source:
Kw
Added: Apr 11
Changed: Oct 21
Last Checked: Oct 23 at 3:46PM
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 Keller Williams Upstate Ny Pro
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Investment Insights
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This for-sale investment property features five one-bedroom, one-bath apartments in the main house, along with a separate one-bedroom, one-bath cottage in the back left corner of the lot. Each unit has convenient access, and there are separate electric meters for each apartment. Off-street parking is available for residents.
The roof on both buildings is reported to be in good condition, and the exterior is described as vinyl siding. The property is served by city sewer and city water, and the public remarks indicate capital improvement costs are minimal.
Projected unit income is approximately $51,500 annually, with the seller noting projected income could be higher once rents and expenses are optimized. The property is described as conveniently located within a short walk of Hartwick College, SUNY Oneonta, and Main Street.
The roof on both buildings is reported to be in good condition, and the exterior is described as vinyl siding. The property is served by city sewer and city water, and the public remarks indicate capital improvement costs are minimal.
Projected unit income is approximately $51,500 annually, with the seller noting projected income could be higher once rents and expenses are optimized. The property is described as conveniently located within a short walk of Hartwick College, SUNY Oneonta, and Main Street.
Key Highlights
- Five 1‑bedroom, 1‑bath apartments in the main house, plus a separate 1‑bedroom, 1‑bath cottage
- Separate electric meters for each apartment for individual utility metering
- Off‑street parking and convenient access to each unit
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Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Includes five one-bedroom units in the main house and a separate one-bedroom cottage.
Where is this apartment building located?
The property is located at 16 West Street Oneonta, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five 1‑bedroom, 1‑bath apartments in the main house, plus a separate 1‑bedroom, 1‑bath cottage; Separate electric meters for each apartment for individual utility metering; Off‑street parking and convenient access to each unit
