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Oneonta Multifamily Investment Opportunity

30-32 High Street Oneonta, NY 13820

30-32 High Street, Oneonta, NY, 13820
$224,900
For Sale
$224,900

MULTI_FAMILY - Oneonta, NY

Property Size2,066 SF
Lot Size0.19 Acres
Price / SF$108.86
Days on Market54

Property Features for 30-32 High Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 2, Basement, Bathroom 1, Bedroom 1
Appliances
ElectricWaterHeater
Standard status
Active
APN
300.5-2-47
Size
2,066 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Annual Amount
5945

Utilities

Heating system
Electric (Heating), Baseboard
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
3
Flooring type
Varies, Vinyl, Carpet
Building materials
BlownInInsulation, Frame
Listing Agency Bordinger Realty, LLC
221 Davenport Center Rd, Oneonta, NY
Listed by Jennifer L. Mickle PSA · License #10301209764
Added: May 25 Checked: Jul 17 at 2:06 am
MLS# R1684195 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property, situated in Oneonta, NY, presents an investment opportunity with off-street parking. Its location offers proximity to SUNY Oneonta, Hartwick College, downtown restaurants, shopping, and public transportation. The property features updated interiors and rental appeal, suitable for investors or owner-occupants seeking income generation. The property is situated on a 0.19-acre lot. The building has 2066 square feet of space. Convenient city living complements the property.

Key Highlights

  • Multi‑family home built in 1930
  • Public water service
  • Electric baseboard heating plus electric water heater

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.3k $13.20
− Vacancy −$1.5k −$0.73
EGI $25.8k $12.47
− OpEx −$7.7k −$3.74
NOI $18.0k $8.73
2,066 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$257.7K
$225.5K – $300.7K (±1% cap)
NOI $18,040 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$240.6K
$210.5K – $280.7K (±1% cap)
NOI $16,840 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$569.5K
$498.3K – $664.4K (±1% cap)
NOI $39,866 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Electrical Service Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Storage Facility Daycare Center Carpet & Flooring Store HVAC Service Tanning Salon

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

FAQs

What type of property is this?
Triplex - Multifamily property near SUNY Oneonta, Hartwick College, and downtown.
Where is this triplex located?
The property is located at 30-32 High Street Oneonta, NY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Multi‑family home built in 1930; Public water service; Electric baseboard heating plus electric water heater
Contact an agent
More about this property
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