Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    27 Church St Oneonta, NY 13820

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $367,500

    Fully leased, furnished duplex near downtown and college campus.

    Type:Multi Family
    Added:
    Apr 27, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 27 at 6:23 am

    Property Features for 27 Church St

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Jeffrey M. Dudley

    Listing agent Jeffrey M. Dudley

    Listing office

    Listing date Apr 27, 2026

    Source Elliman

    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 Jeffrey M. Dudley

    Overview

    Two-Unit Investment Property Near Campus

    This two-unit investment property is fully leased for the 2025–2026 and 2026–2027 school years and offers immediate income. The building is fully furnished and includes two apartments: one with 2 bedrooms and 1 full bath, and another legal unit with 5 bedrooms and 1 full bath. A shared basement laundry room is equipped with two washers and two dryers. Apartment 1 has been newly renovated with vinyl plank flooring and fresh paint. Apartment 2 has also been freshly painted and features hardwood floors on the second level and carpeting on the third floor. The property is conveniently located near downtown, the college campus, and bus routes, offering strong tenant appeal. All inspections have been completed, and a Certificate of Compliance is in place through 2029. The property has a bike score of 60, indicating it is bikeable, and a walk score of 78, indicating it is very walkable. This is an excellent turnkey investment opportunity with proven cash flow.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.0651273
    Latitude
    42.4560079

    Nearby Similar for Sale

    • $900,000
      5,448 SF

      Turnkey Commercial Property in Oneonta

      Fully leased dermatology facility with high return potential.
      6 Country Club Road, Oneonta, NY 13820
      View Details
    • $900,000
      7,560 SF

      Prime Oneonta Office Complex

      Meticulously maintained Victorian office buildings with modern amenities and parking.
      341-343 Main St, Oneonta, NY 13820
      View Details
    • $900,000
      7,560 SF

      Prime Oneonta Office Complex

      Meticulously maintained office complex with flexible configuration and modern amenities.
      341-343 Main St, Oneonta, NY 13820
      View Details
    • $249,000
      3,024 SF

      Commercial Building Near Downtown Oneonta

      Well-maintained commercial building with flexible rental potential near downtown.
      13-15 S Main Street, Oneonta, NY 13820
      View Details
    • $249,000
      3,024 SF

      Oneonta Commercial Building For Sale

      Well-maintained commercial building near downtown Oneonta with flexible rental potential.
      13-15 South Main St, Oneonta, NY 13820
      View Details
    • $675,000
      4,305 SF

      Turn-Key Restaurant in Downtown Oneonta

      Restaurant and apartment in prime downtown location near Muller Plaza.
      214 Main Street, Oneonta, NY 13820
      View Details
    • $675,000
      4,305 SF

      Turn-Key Restaurant in Downtown Oneonta

      Turn-key restaurant with apartment in the heart of Oneonta.
      214 Main St, Oneonta, NY 13820
      View Details
    • $525,000
      3,186 SF

      Oneonta Apartment Building Near Downtown

      Six-unit apartment building near downtown, colleges, and bus routes.
      66 Church Street, Oneonta, NY 13820
      View Details
    • $250,000
      2,756 SF

      Turnkey Two-Family Investment Opportunity

      Two-family property with strong rental history in Oneonta, NY.
      14-16 Otsego Street, Oneonta, NY 13820
      View Details
    • $314,000
      1,760 SF

      Updated Two-Family Home, Oneonta

      Well-maintained two-family home with income potential near downtown Oneonta.
      10 Reynolds Avenue, Oneonta, NY 13820
      View Details
    • $389,000
      5,983 SF

      Large Multi-Family Near SUNY

      Multi-family property near SUNY Oneonta with income potential.
      27 Cedar Street, Oneonta, NY 13820
      View Details
    • $900,000
      5,448 SF

      Turnkey Medical Facility Investment Opportunity

      Fully leased medical facility in Oneonta's West End.
      6 Country Club Rd, Oneonta, NY 13820
      View Details

    FAQs

    What type of property is this?
    Duplex - Fully leased, furnished duplex near downtown and college campus.
    Where is this duplex located?
    The property is located at 27 Church St Oneonta, NY.
    What is the asking price?
    The asking price for this property is $367,500.
    What are key features of this property?
    This property features: Fully leased for the 2025–2026 and 2026–2027 school years, providing immediate and reliable income.; Turnkey investment property with proven cash flow.; Two units: a renovated 2‑bedroom apartment and a legal 5‑bedroom apartment.
    (607) 431-8181
    We can help!
    Listing Contact
    Jeffrey M. Dudley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    27 Church St, Oneonta, NY 13820
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!