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Adjacent Apartment Buildings with Updated Roofing
For Sale
$499,900

31 Burnside Avenue, Oneonta, NY 13820

The package includes shared outdoor space, off-street parking, and recent mechanical improvements.

Property SizeContact for details
Days on Market138

Property Features for 31 Burnside Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 8

Amenities

maintenance shed
backyard space
off-street parking
Gas
Forced Air
Electric Water Heater
Porch, High Speed Internet Available, Sewer Connected, Asphalt

Building Details

Buildings 2
Listing Agency: Keller Williams Upstate Ny Pro
Listed By: Ben Holscher · License #10401320780
Source: Kw
Added: Apr 16 Changed: Aug 29 Last Checked: Aug 31 at 12:26AM

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

Investment Insights

Based on property information with market context.

This offering combines two neighboring quadplex buildings into one eight-unit apartment property. The buildings share a maintenance shed, backyard area, and off-street parking, with additional parking available along the street. Recent improvements include updated roofing, several new furnaces, and replacement electric water heaters serving every unit. Interior features include gas service and forced-air heat, while the property also has porches, asphalt surfaces, and high-speed internet availability.

The property is located at 31 Burnside Avenue in Oneonta, near River Street and within walking distance of Main Street, local schools, and the Boys and Girls Club of Oneonta. Tenants pay utilities other than garbage, and the buildings have city water and septic service. Current tenants are up to date on rent payments.

Key Highlights

  • Two adjacent quadplexes offered together, totaling 8 units
  • All water heaters are new, with several new furnaces installed
  • Recently updated roofing across the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Home Appliance Store Daycare Center Garden Center Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The package includes shared outdoor space, off-street parking, and recent mechanical improvements.
Where is this apartment building located?
The property is located at 31 Burnside Avenue Oneonta, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two adjacent quadplexes offered together, totaling 8 units; All water heaters are new, with several new furnaces installed; Recently updated roofing across the property
More about this property
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