Three unit close to all Oneonta has to offer. Excellent rental history with long term tenants. All units are 1 BR. This is a money maker even with one apartment below market rate. More pictures to come.
Listing by Benson Agency Real Estate LLCBrokerage Phone: (607) 431-8854License #10401272246Listed on: 02/26/2025
Property Details
Home Type
Multi-Family
Year Built
Built in 1900
Lot Details
3,485 Sq Ft Lot
Lot Dimensions are 48x78
Rectangular Lot
Home Design
Triplex
Stone Foundation
Wood Siding
Interior Spaces
1,800 Sq Ft Home
2-Story Property
Partial Basement
Flooring
Carpet
Laminate
Bedrooms and Bathrooms
3 Bedrooms
3 Full Bathrooms
Schools
Oneonta High School
Utilities
Heating System Uses Gas
Electric Water Heater
Cable TV Available
Listing and Financial Details
Tax Lot 2
Assessor Parcel Number 288.18-1-2
Community Details
Overview
3 Units
Building Details
3 Separate Gas Meters
Operating Expense $15,390
Gross Income $27,250
Property Details
Home Type
Multi-Family
Year Built
Built in 1900
Lot Details
0
Listing Details
Property Sub Type: Multi Family
Property Type: Residential
Rent Includes: Snow Removal, Trash Collection, Water
Year Built: 1900
Attribution Contact: (607) 431-8854
Lot Features: Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Directions: Follow Maple St north from Main St. Turn left onto Cedar St. House is on the left.
Architectural Style: Triplex
Flooring: Carpet, Laminate, Varies
Unit Levels: Two
Year Built Details: Existing
Special Features: None
Interior Features
Appliances: Electric Water Heater
Basement: Partial
Basement YN: Yes
Full Bathrooms: 3
Total Bedrooms: 3
Below Grade Sq Ft: 450.0
Stories: 2
Stories: 2
Exterior Features
Acres: 0.08
Waterfront: No
Construction Type: Wood Siding
Foundation Details: Stone
Garage/Parking
Parking Features: Two or More Spaces
Utilities
Cooling: Other, See Remarks
Heating: Electric, Gas, Other, See Remarks
HeatingYN: Yes
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water Source: Connected, Public
Condo/Co-op/Association
Senior Community: No
Schools
Junior High Dist: Oneonta
Ninth Grade High School: Oneonta High
Lot Info
Parcel Number: 288.18-1-2
Lot Dimensions: 48X78
Lot Size Sq Ft: 3485.0
ResoLotSizeUnits: Acres
Zoning Description: Residential 1 Unit
Multi Family
Number Of Units In Community: 3
Number Of Units Total: 3
Annual Gross Income: 27250.0
Annual Operating Expense: 15390.0
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tax Info
Tax Annual Amount: 6334.0
Tax Lot: 2
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Do you want to MAKE MONEY? Here's your opportunity to own a lucrative multifamily in Oneonta located near bus routes and downtown. This 3 UNIT boasts 2 2-Bedroom and 1 1-bedroom units. Long term tenants in both of the two bedroom units. Tenants pay electric & heat. Owner pays snow removal, water and trash removal. Net operating income of over $16,000. Can't beat this cap rate of 11.8%.
3-Apartments with separate utilities! East end of town. Are you looking to get into the rental market? This is a great entry level property. 2 BR unit encompasses the entire Left half of the house, this would be great for an owner occupied unit. On the other half of the house is a 1-BR unit upstairs and a 1-BR unit downstairs. All separate utilities. LL pays Garbage, water & sewer. Two occupied
This home is located at 16 Cedar St, Oneonta, NY 13820 and is currently priced at $115,000, approximately $63 per square foot. This property was built in 1900. 16 Cedar St is a home located in Otsego County with nearby schools including Oneonta Senior High School and Oneonta Community Christian School.
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