Active
38-40 Cliff Street, Oneonta NY 13820
MLS# R1687928
$375,000
Price
10
Beds
4
Baths
3,104
Living Area (Sq.Ft.)
0.16
Lot Area (Acres)
$375,000
Price
10
Beds
4
Baths
3,104
Living Area (Sq.Ft.)
0.16
Lot Area (Acres)
Quality maintained 10 bedroom 4 family home just minutes to downtown and city bus lines. May be purchased with home next door 34-36 Cliff St, a four family MLS R1687927. Utilities are separate. Ample rear parking area for tenants. 3100 sqft home features a spacious front enclosed entry porch for all tenants. Outside there is a rear 2nd floor deck for both 2nd floor tenants, and separate rear entry decks for each first floor tenants. Two 3 bedroom and two 2 bedroom units. Spacious apts all have generous square footage and closets, and all are equipped with dishwasher. Coin op laundry in basement. Home was completely gutted in the '90's so all electrical, plumbing, and wiring were done at that time. 38-40 Cliff St: Income: $51,600 annually. Expenses: Taxes $6,946, Water/Sewer $1,700, Insurance $2,200, Trash $1,200, Snow $375, Maintenance and Vacancy at 5% of gross $3,750, Total expenses: $16,171. NOI $35,429. Mortgage expense: $26,316 ($375,000, 20% down, $300k@ 6.25% for 20 yrs). Net Income $9113 / <br>$75,000 (down payment) = 12% Return on Investment.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1900
Parcel Number
300.5-4-59.00
Unit Number
--
Lot Features
Irregular Lot, Near Public Transit, Residential Lot
Levels
Two
Lot Size Dimensions
66X106
Stories
2
Bath Rooms Full
4
Property Condition
Resale
Elementary School District
Oneonta
Middle Or Junior School District
Oneonta
High School District
Oneonta
Location
Listing Agent
Rodger B Moran
Listing Office
Benson Agency Real Estate LLC
Owner Name
--
Owner Phone
--
Possession
RentalAgreement,SubjectToTenantRights
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, F H A, Usda Loan, Va Loan
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-06-03
Owner Pays
Grounds Care, Other, Snow Removal, See Remarks, Trash Collection, Water
Rent Includes
Common Area Maintenance, Gardener, Other, See Remarks, Snow Removal, Trash Collection, Water
Tenant Pays
AllUtilities
Gross Income
51600
Net Operating Income
29483
Fire Places Total
0
Flooring
Carpet, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Electric Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Fourplex
Exterior Features
Deck
Water Source
Connected, Public
Sewer
Connected
Roof
Shingle
Utilities
Cable Available, Sewer Connected, Water Connected
Parking Features
Common, Gravel, Parking Available
Foundation Details
Stone
Basement
Full
Construction Materials
Frame, Vinyl Siding
Patio And Porch Features
Deck
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.