16-18 Myrtle Avenue, Oneonta, NY 13820
Local realty services provided by:HUNT Real Estate ERA
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:54 day(s) ago
- Updated:August 13, 2026 at 03:07 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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