Two-Unit Duplex
For Sale
$275,000
6 Columbia St, Oneonta, NY 13820
Income-producing residential property with two separate units.
Property Size2,261 SF
Price / SF$121.63
Days on Market72
Property Features for 6 Columbia St
General Information
Standard status
Active
Size
2,261 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$33,600
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Keller Williams Upstate NY Properties
Listed By:
Anthony Heath · License #10401359601
(607) 267-3166
Source:
Skinnercnyrealty
Added: Aug 5
Changed: Oct 5
Last Checked: Oct 7 at 4:00PM
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 Properties
Investment Insights
Based on property information with market context.
This residential duplex contains two separate units within a 2,261-square-foot property constructed in 1900. The asset is identified as an income-producing two-unit property, providing a straightforward multifamily configuration for residential rental use.
The property is located at 6 Columbia St in Oneonta, NY 13820. Its established construction date and duplex layout define the core physical profile of the offering.
The property is located at 6 Columbia St in Oneonta, NY 13820. Its established construction date and duplex layout define the core physical profile of the offering.
Key Highlights
- Two‑unit duplex configuration
- 2,261 square feet of property size
- Constructed in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,743
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,860
$394.9K
Cap Rate 7%
$282,043
$282.0K
Cap Rate 9%
$219,367
$219.4K
Market Conditions
NOI Build-Up for 2,261 SF
Gross rent
$29.8K $13.20/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$28.2K $12.47/SF
− OpEx
−$8.5K −$3.74/SF
NOI
$19.7K $8.73/SF
Area
Otsego County, NY
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,860
Cap Rate 7%
$282,043
Cap Rate 9%
$219,367
Alternative Uses
Best Use
Multifamily LT 5
$282.0K
$246.8K – $329.1K
NOI $19,743 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$263.3K
$230.4K – $307.2K
NOI $18,429 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$623.3K
$545.4K – $727.1K
NOI $43,628 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing residential property with two separate units.
Where is this duplex located?
The property is located at 6 Columbia St Oneonta, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 2,261 square feet of property size; Constructed in 1900
