Downtown Three-Unit Investment
2-6 Reynolds Ave Oneonta, NY 13820
For Sale
$179,000
Three-unit multifamily near Hartwick College and SUNY Oneonta, supporting strong rental income in walkable downtown Oneonta.
Days on Market55
Property Features for 2-6 Reynolds Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency:
Keller Williams Upstate New York Properties
(607) 267-3166
Listed By:
Anthony Heath · License #10401359601
(607) 267-3166
Source:
Elliman
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 25 at 6:31AM
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Investment Insights
Based on property information with market context.
This 3-unit investment property is offered for sale in downtown Oneonta. The asset provides three separate rental units under one ownership, positioned as a straightforward addition for investors seeking a small-scale residential income property.
The building is described as being super close to shopping, restaurants, and entertainment in Oneonta, with convenient access to Hartwick College and SUNY Oneonta. The surrounding area is also characterized by walkability (walkScore 78) and bikeability (bikeScore 60), which can support tenant convenience for everyday needs.
According to the seller’s public remarks, the property has an excellent rental history and a current annual income of almost $37,000. The remarks also cite a cap-rate of over 14%, framing the offering as a higher-yield option for portfolios looking to diversify with downtown-oriented multifamily housing. Buyers and brokers may want to review current leases and operating details to confirm income and underwriting assumptions.
The building is described as being super close to shopping, restaurants, and entertainment in Oneonta, with convenient access to Hartwick College and SUNY Oneonta. The surrounding area is also characterized by walkability (walkScore 78) and bikeability (bikeScore 60), which can support tenant convenience for everyday needs.
According to the seller’s public remarks, the property has an excellent rental history and a current annual income of almost $37,000. The remarks also cite a cap-rate of over 14%, framing the offering as a higher-yield option for portfolios looking to diversify with downtown-oriented multifamily housing. Buyers and brokers may want to review current leases and operating details to confirm income and underwriting assumptions.
Key Highlights
- 3‑unit multifamily investment property built in 1900
- Current annual income is almost $37,000 with an excellent rental history
- Downtown Oneonta location close to shopping, restaurants, and entertainment
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit multifamily near Hartwick College and SUNY Oneonta, supporting strong rental income in walkable downtown Oneonta.
Where is this triplex located?
The property is located at 2-6 Reynolds Ave Oneonta, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 3‑unit multifamily investment property built in 1900; Current annual income is almost $37,000 with an excellent rental history; Downtown Oneonta location close to shopping, restaurants, and entertainment