14-16 Otsego Street, Oneonta, NY 13820
Local realty services provided by:HUNT Real Estate ERA
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:1 day(s) ago
- Updated:March 31, 2026 at 10:12 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
$225,000Active7 beds 4 baths1,720 sq. ft.34 Pine Street, Oneonta, NY 13820
MLS# S1669912Listed by: RIVER HILLS PROPERTIES LLC LF - New
$225,000Active5 beds 2 baths2,178 sq. ft.1-3 Birch, Oneonta, NY 13820
MLS# S1669847Listed by: RIVER HILLS PROPERTIES LLC LF - New
$129,000Active3 beds 2 baths1,840 sq. ft.388 Southside Drive, Oneonta, NY 13820
MLS# R1669552Listed by: FOUR SEASONS SOTHEBY'S INTERNATIONAL REALTY
$39,900Active0.26 AcresMaple Drive, Oneonta, NY 13820
MLS# R1667463Listed by: ONEONTA REALTY, LLC- New
$42,500Active0.18 Acres174 River Street, Oneonta, NY 13820
MLS# R1668827Listed by: HOWARD HANNA - New
$90,000Active3 beds 2 baths1,416 sq. ft.267 Chestnut Street, Oneonta, NY 13820
MLS# R1667892Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES
$212,500Pending2 beds 2 baths954 sq. ft.14 Jefferson Avenue, Oneonta, NY 13820
MLS# R1664909Listed by: BENSON AGENCY REAL ESTATE LLC- New
$269,000Active2 beds 2 baths1,700 sq. ft.102 Lougheed Road, Oneonta, NY 13820
MLS# R1667670Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES - New
$419,900Active4 beds 3 baths2,930 sq. ft.378 Winney Hill Road, Oneonta, NY 13820
MLS# R1667597Listed by: KELLER WILLIAMS UPSTATE NY PROPERTIES