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2-6 Reynolds Ave, Oneonta, NY, 13820
Downtown Three-Unit Investment Property

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
Listed By: Anthony Heath · License #10401359601
Source: Elliman
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 25 at 6:31AM

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 New York Properties


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.

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

Suggested Use

Electrical Service Bakery (Bike/Boat/Book/etc) Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Storage Facility

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

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
More about this property
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