14-16 Otsego Street, Oneonta, NY 13820
Local realty services provided by:ERA Team VP Real Estate
Listed by: brandon mosher, evan martyniuk
Office: river hills properties llc. lf
MLS#:S1669841
Source:NY_GENRIS
Price summary
- Price:$250,000
- Price per sq. ft.:$90.71
About this home
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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:S1669841
- Added:46 day(s) ago
- Updated:May 15, 2026 at 11:40 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:2,756 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1920
- Building area:2,756 sq. ft.
- Lot Features:Rectangular, Residential Lot
- Architectural Style:Duplex
- Construction Materials:Wood Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$90.71
- Tax amount:$2,877
Parking
- Parking description:Gravel Driveway
New listings near 14-16 Otsego Street
- New
$265,000Active3 beds 2 baths1,380 sq. ft.60 Richards Avenue, Oneonta, NY 13820
MLS# R1680264Listed by: BENSON AGENCY REAL ESTATE LLC - New
$150,000Active10.74 AcresState Highway 7, Oneonta, NY 13820
MLS# R1680550Listed by: BENSON AGENCY REAL ESTATE LLC - New
$199,000Active3 beds 1 baths1,537 sq. ft.1454 Southside Drive, Oneonta, NY 13820
MLS# R1678887Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES - New
$230,000Active7 beds 3 baths1,794 sq. ft.7 Spring Street, Oneonta, NY 13820
MLS# R1679182Listed by: COLDWELL BANKER TIMBERLAND PROPERTIES
$587,500Pending5 beds 4 baths3,094 sq. ft.5863 State Highway 7, Oneonta, NY 13820
MLS# R1680278Listed by: COLDWELL BANKER TIMBERLAND PROPERTIES- New
$80,000Active1.21 AcresCenter Street, Oneonta, NY 13820
MLS# R1679640Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES - New
$240,000Active3 beds 1 baths1,253 sq. ft.5975 State Highway 7, Oneonta, NY 13820
MLS# B1679303Listed by: THE GREENE REALTY GROUP - New
$415,000Active137.93 AcresLots 19, 22, 25 Frank Slawson Road, Oneonta, NY 13820
MLS# R1678864Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES
$159,000Pending4 beds 1 baths1,500 sq. ft.2839 State Highway 28 S, Oneonta, NY 13820
MLS# R1676993Listed by: HOWARD HANNA
$249,900Active3 beds 2 baths1,442 sq. ft.272-274 River Street, Oneonta, NY 13820
MLS# R1676316Listed by: BENSON AGENCY REAL ESTATE LLC