215-217 Main St Oneonta, NY 13820
This exceptional mixed-use property at 215-217 Main Street in Oneonta, NY, presents a lucrative investment opportunity. The 7,050 square foot building, constructed in 1920, boasts a prime downtown location directly across from Muller Plaza. This three-story structure comprises five units: a long-established ground-floor commercial space and four upscale three-bedroom apartments on the upper floors, providing a total of twelve bedrooms for rental income. The building sits on a 0.08-acre lot and offers on-site laundry facilities for residential tenants. The property's versatile nature and established tenant base contribute to a significant and consistent cash flow. This easy-to-manage building represents a stable investment with excellent potential for continued growth and profitability. The asking price is $779,000. The property is located in Otsego County, NY, zip code 13820. This is a rare opportunity to acquire a well-established, income-producing property in a thriving downtown area. Don't miss this chance to secure a substantial and reliable income stream.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
320 · Oneonta, NYOneonta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.