Active
14-16 Otsego Street, Oneonta NY 13820
MLS# S1669841
$250,000
Price
6
Beds
2
Baths
2,756
Living Area (Sq.Ft.)
$250,000
Price
6
Beds
2
Baths
2,756
Living Area (Sq.Ft.)
14–16 Otsego Street – Turnkey 2-Family Investment (Portfolio Sale Required) <br>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. <br>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. <br>Portfolio Sale Requirement <br>This property must be purchased as part of a three-property investment package, offering scale and consistent returns: <br>1–3 Birch Street – Two-unit duplex (3BR + 2BR), separate utilities, NOI: $16,125 <br>34 Pine Street – Two-unit duplex (3BR + 2BR), separate utilities, plus additional garage rental income, NOI: $15,575 <br>Investment Overview: <br>Total Portfolio NOI: $49,500 <br>Offered at a 7.125% cap rate <br>6 total units across 3 properties <br>Strong tenant demand in a proven rental market <br>Separate utilities throughout for efficient management <br>Why 14–16 Otsego St Stands Out: <br>Larger unit layouts (all 3-bedroom units) attract stable, long-term tenants <br>Central location near schools, downtown, and amenities <br>Consistent income with potential for future rent growth <br>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.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
300.6-3-19
Unit Number
--
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
60X165
Stories
2
Bath Rooms Full
2
Property Condition
Resale
Elementary School District
Oneonta
Middle Or Junior School District
Oneonta
High School District
Oneonta
Location
Listing Agent
Brandon Mosher
Listing Office
River Hills Properties LLC Lf
Owner Name
--
Owner Phone
--
Possession
Closing
Special Listing Conditions
Standard
Listing Terms
Cash
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-03-29
Owner Pays
Water
Rent Includes
Water
Gross Income
17800
Fire Places Total
0
Flooring
Laminate, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
See Remarks, Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Duplex
Water Source
Connected, Public
Sewer
Connected
Utilities
Sewer Connected, Water Connected
Parking Features
Gravel
Basement
Full
Construction Materials
Wood Siding
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.