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Five-Unit Apartment Building
New
For Sale
$369,900

516 Main St Unit 514, Oneonta, NY 13820

Five individual apartments feature separate utilities, off-street parking, and shared outdoor amenities.

Property Size6,000 SF
Price / SF$61.65
Days on Market2

Property Features for 516 Main St Unit 514

General Information

Standard status Active
Size 6,000 SF
Property subtype Multi-Family

Units

Unit Mix 5 x 2BR
Multifamily Units 5

Additional Details

Gross Income $19,200
Public Transit Yes

Amenities

covered deck
side porch
garage

Building Details

Year Built 1975
Buildings 1
Listing Agency: Oneonta Realty, LLC
Listed By: Christine Keto · License #30KE1019431
Source: Countryboyrealty
Added: Sep 5 Last Checked: Sep 6 at 10:40AM

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.

This 6,000-square-foot apartment building contains five two-bedroom apartments, each with an eat-in kitchen. Appliances are included, and select units feature tile flooring. Separate utility systems include five hot water heaters, five heating units, and six electric panels, with one panel serving the owner and common areas. Some apartments are vacant and ready for occupancy.

The property includes off-street parking, a two-car garage with a garage door opener, and outdoor areas with a covered deck and a side porch serving the basement apartment. The building has a metal roof and mostly vinyl replacement windows. It was built in 1975 and is located on a bus route near downtown, a hospital, and an elementary school.

Key Highlights

  • Five 2 bedroom apartments in a 6,000‑square‑foot building
  • Separate utilities with 5 hot water heaters, 5 heating units and 6 electric panels
  • Off‑street parking plus a 2 car garage with garage door opener

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 - Five individual apartments feature separate utilities, off-street parking, and shared outdoor amenities.
Where is this apartment building located?
The property is located at 516 Main St Unit 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 6,000‑square‑foot building; Separate utilities with 5 hot water heaters, 5 heating units and 6 electric panels; Off‑street parking plus a 2 car garage with garage door opener
More about this property
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