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Listed price in listed location currency (USD).
$250,000

620

MLS® S1669841

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2756 sqft
Garage No
Taxes $2,877
Days Active 17
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $90
MLS® Number S1669841

Property Address: 14-16 Otsego St, Oneonta, NY, 13820-2618

Average square foot calculated using Size range provided by listing agent.

Description

14–16 Otsego Street – Turnkey 2-Family Investment (Portfolio Sale Required) Don’t miss this outstanding opportunity to own a well-performing two-family property in the heart of Oneonta. 14–16 Otsego Street is a spacious duplex featuring 6 bedrooms and 2 bathrooms, with each unit offering 3 bedrooms, making it highly desirable for tenants seeking larger living spaces. Each unit is equipped with separate utilities, helping to minimize owner expenses, while the owner is responsible only for water and sewer. The property has a strong rental history and currently produces a solid annual NOI of $17, 800, making it an excellent cash-flowing asset from day one. Portfolio Sale Requirement This property must be purchased as part of a three-property investment package, offering scale and consistent returns: 1–3 Birch Street – Two-unit duplex (3BR + 2BR), separate utilities, NOI: $16, 125 34 Pine Street – Two-unit duplex (3BR + 2BR), separate utilities, plus additional garage rental income, NOI: $15, 575 Investment Overview: Total Portfolio NOI: $49, 500 Offered at a 7.125% cap rate 6 total units across 3 properties Strong tenant demand in a proven rental market Separate utilities throughout for efficient management Why 14–16 Otsego St Stands Out: Larger unit layouts (all 3-bedroom units) attract stable, long-term tenants Central location near schools, downtown, and amenities Consistent income with potential for future rent growth Secure 14–16 Otsego Street as the cornerstone of a high-performing multi-family portfolio in Oneonta. An ideal opportunity for investors looking to step into immediate cash flow with built-in scale.
MLS® NumberS1669841
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1920
BasementFull
DrivewayGravel
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 29, 2026List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
14-16 Otsego St, Oneonta, NY

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