16-18 Myrtle Avenue, Oneonta, NY 13820

Oneonta
Local realty services provided by:ERA Team VP Real Estate
16-18 Myrtle Avenue,Oneonta, NY 13820
$1,100,000
  • 5 Beds
  • - Baths
  • 6,534 sq. ft.
  • Multi-family
  • Active
Listed by: travis o'dell
Office: land and water realty llc.
MLS#:R1691809
Source:NY_GENRIS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$168.35

About this home

Welcome to Hill City Student Rentals. This three-property rental portfolio is a complete, buttoned-up investment opportunity with strong immediate cash flow at an exceptional cap rate of around 9.5%. Whether you are a solo investor, an institutional investor, a student or a family member of a student, this is truly a great opportunity. Offered as a package, we have 32 Ford Avenue, 8 Franklin Street, and 16-18 Myrtle Avenue all in Oneonta, NY and all proven and up-to-date, and fully permitted student housing. 32 Ford is a 2-unit with a total of 5 bedrooms. 8 Franklin Street is a single-family 3-bedroom with potential for a 4th bedroom conversion. 16-18 Myrtle is a large duplex with a grandfathered 10-person occupancy rate. This combination of properties creates a very unique, turn-key portfolio with strong NOI. Available furnished and leased for the upcoming school year, this is an investment that will cash flow right out of the gates and is not an opportunity you will want to miss.

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Home facts

  • Year built:1982
  • Listing ID #:R1691809
  • Added:90 day(s) ago
  • Updated:September 18, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Hardwood, Tile, Varies, Vinyl
  • Kitchen Description:Dishwasher, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Partial
  • Living area:6,534 sq. ft.

Heating and cooling

  • Cooling:Zoned
  • Heating:Gas, Zoned

Structure and exterior

  • Roof:Shingle
  • Year built:1982
  • Building area:6,534 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Vinyl Siding, Wood Siding
  • Exterior Features:Deck, Open, Porch
  • Levels:3 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$168.35
  • Tax amount:$436,109

Features and amenities

  • Appliances:Dishwasher, Gas Range, Refrigerator
  • Amenities:Deck

Parking

  • Parking description:Driveway, No Garage

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