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5-Unit Apartment Building with Garage
New
For Sale
$369,900

516 Main St 514, Oneonta, NY 13820

Multi-unit apartment property with separate utilities, included appliances, outdoor areas, and off-street parking.

Property Size6,000 SF
Days on Market2

Property Features for 516 Main St 514

General Information

Standard status Active
Size 6,000 SF
Property subtype Investment

Units

Unit Mix 5 x 2BR
Multifamily Units 5

Additional Details

Gross Income $19,200
Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,951

Amenities

covered deck
side porch
off-street parking

Building Details

Building Size 6,000 SF
Year Built 1975
Buildings 1
Stories 2
Units 5
Listing Agency: Oneonta Realty, LLC
Listed By: Christine Keto · License #30KE1019431
Source: Elliman
Added: Sep 5 Last Checked: Sep 6 at 12:14PM

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 Oneonta Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1975, this five-unit apartment property contains five two-bedroom residences, each with an eat-in kitchen. Apartments include appliances, with tile flooring in some units. Separate utility service is supported by 5 hot water heaters, 5 heating units, and 6 electric panels, including one serving the owner and common areas.

The property includes off-street parking, a 2-car garage with garage door opener, a covered deck, and a side porch serving the basement apartment. The building has a metal roof and mostly vinyl replacement windows. It is located on a bus route and near downtown, a hospital, and an elementary school. Vacant apartments are ready to be rented.

Key Highlights

  • Five 2‑bedroom apartments in a 5‑unit building
  • Separate utilities with 5 hot water heaters, 5 heating units, and 6 electric panels
  • 2‑car garage with garage door opener and off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Locksmith HVAC Service Daycare Center Skin Care Clinic

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

279
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit apartment property with separate utilities, included appliances, outdoor areas, and off-street parking.
Where is this apartment building located?
The property is located at 516 Main St 514 Oneonta, NY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Five 2‑bedroom apartments in a 5‑unit building; Separate utilities with 5 hot water heaters, 5 heating units, and 6 electric panels; 2‑car garage with garage door opener and off‑street parking
More about this property
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