Two-Unit Duplex with Off-Street
7-9 Reynolds Avenue Oneonta, NY 13820
7-9 Reynolds Avenue, Oneonta, NY, 13820
$279,000
For Sale
$279,000
MULTI_FAMILY - Oneonta, NY
Property Size2,050 SF
Price / SF$136.10
Days on Market64
Property Features for 7-9 Reynolds Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 4, Basement
- Parking features
- Driveway
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 300.5-3-12
- Size
- 2,050 SF
Taxes and HOA fees
- Tax Annual Amount
- 3359
Utilities
- Heating system
- Forced Air, Natural Gas, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies, Carpet
- Building materials
- CompositeSiding, VinylSiding
Listing Agency
Keller Williams Upstate NY Properties
(607) 431-2540
31 Main St, Oneonta, NY
Listed by
Stacey L. Camilleri · License #40CH1109154
(607) 376-2279
Added: May 15 Checked: Jul 17 at 3:06 am
MLS# R1676098
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 two-unit duplex offers two separate residences with matching layouts that include three bedrooms, one full bathroom, a formal dining room, and a living room. A common-area laundry space serves the building. Interior improvements include updated kitchens with updated plumbing and electrical systems. Recent exterior and system upgrades include a brand-new front porch, along with new electric baseboard heating for the upstairs apartment. The downstairs unit is heated with forced air.
The property is located at 7-9 Reynolds Avenue in the City of Oneonta, New York, in Otsego County. Off-street parking is available for residents.
For buyers seeking a residential income property with two well-defined units and in-place updates, this duplex provides a straightforward operational setup, with separate heating systems and shared laundry convenience. The combination of updated kitchen infrastructure and electrical and plumbing improvements supports day-to-day habitability while keeping maintenance responsibilities centered within a two-unit configuration.
The property is located at 7-9 Reynolds Avenue in the City of Oneonta, New York, in Otsego County. Off-street parking is available for residents.
For buyers seeking a residential income property with two well-defined units and in-place updates, this duplex provides a straightforward operational setup, with separate heating systems and shared laundry convenience. The combination of updated kitchen infrastructure and electrical and plumbing improvements supports day-to-day habitability while keeping maintenance responsibilities centered within a two-unit configuration.
Key Highlights
- Two‑unit duplex in the City of Oneonta; each apartment features 3 bedrooms and 1 full bathroom
- Each unit includes a formal dining room and living room, plus a common‑area laundry space
- Updated kitchens with updated plumbing and electrical systems throughout the property
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 | $27.1k | $13.20 |
| − Vacancy | −$1.5k | −$0.73 |
| EGI | $25.6k | $12.47 |
| − OpEx | −$7.7k | −$3.74 |
| NOI | $17.9k | $8.73 |
2,050 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$255.7K
$223.8K – $298.3K
NOI $17,900 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$238.7K
$208.9K – $278.5K
NOI $16,710 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$565.1K
$494.5K – $659.3K
NOI $39,557 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two updated apartments with common laundry, off-street parking, and dedicated heating systems for upstairs and downstairs units.
Where is this duplex located?
The property is located at 7-9 Reynolds Avenue Oneonta, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex in the City of Oneonta; each apartment features 3 bedrooms and 1 full bathroom; Each unit includes a formal dining room and living room, plus a common‑area laundry space; Updated kitchens with updated plumbing and electrical systems throughout the property
