Fully Occupied 4-Unit Income
91 Main Street Oneonta, NY 13820
91 Main Street, Oneonta, NY, 13820
$282,500
For Sale
$282,500
MULTI_FAMILY - Oneonta, NY
Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$117.71
Days on Market50
Property Features for 91 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 2, Basement
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 300.5-5-60.1
- Size
- 2,400 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3838
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 9
- Flooring type
- Varies, Hardwood, Vinyl
- Building materials
- BlownInInsulation, Frame
- Roof type
- Shingle, Metal
Listing Agency
Keller Williams Upstate NY Properties
(607) 431-2540
31 Main St, Oneonta, NY
Listed by
Anthony Heath · License #10401359601
(607) 267-3166
Added: May 29 Checked: Jul 17 at 2:06 pm
MLS# R1685814
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 fully occupied 4-unit multifamily property is offered for sale, with an annual income reported over $36,000. The property totals approximately 2,400 square feet and is described as having an excellent rental history.
The building is located right on Main Street in Oneonta, NY, close to both colleges and the shopping and restaurants of downtown Oneonta.
With all four units occupied, the property provides a turn-key setup for an investor looking to add an income-producing residential asset to a portfolio.
The building is located right on Main Street in Oneonta, NY, close to both colleges and the shopping and restaurants of downtown Oneonta.
With all four units occupied, the property provides a turn-key setup for an investor looking to add an income-producing residential asset to a portfolio.
Key Highlights
- Fully occupied 4‑unit property with annual income over $36,000/year
- Located on Main St in Oneonta, close to both colleges and downtown shopping and restaurants
- Public water supply
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 | $31.7k | $13.20 |
| − Vacancy | −$1.7k | −$0.73 |
| EGI | $29.9k | $12.47 |
| − OpEx | −$9.0k | −$3.74 |
| NOI | $21.0k | $8.73 |
2,400 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.4K
$262.0K – $349.3K
NOI $20,956 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$279.5K
$244.5K – $326.0K
NOI $19,562 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$661.6K
$578.9K – $771.8K
NOI $46,310 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied 4-unit property with annual income reported over $36,000, located on Main Street in Oneonta.
Where is this quadplex located?
The property is located at 91 Main Street Oneonta, NY.
What is the asking price?
The asking price for this property is $282,500.
What are key features of this property?
This property features: Fully occupied 4‑unit property with annual income over $36,000/year; Located on Main St in Oneonta, close to both colleges and downtown shopping and restaurants; Public water supply
