Hillary Bender

26 Otsego Street, Oneonta, NY 13820

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Property Description

Attention investors and savvy owner-occupants: this three-unit, 3 BR multifamily property offers strong value-add potential with the opportunity for immediate income. Renovations have already began, providing a head start for the next owner to complete improvements and maximize returns. The basement apartment is currently unfinished, creating additional upside for those looking to expand income potential once completed. Whether you're looking to live in one unit while generating rental income from the others, or add a cash-flowing asset to your portfolio, this property presents flexibility and long-term opportunity. With improvements, this property could reach significantly higher market value. Priced below full market value to reflect its current condition. Projected future gross income, with improvements, upward of $36,000. Property is being sold as-is. Bring your vision and capitalize on the potential. Convenient location in center city Oneonta within walking distance to downtown and easy access to colleges and the I88 corridor.

26 Otsego Street | MLS# R1662373

This multi-family property located at 26 Otsego Street, Oneonta, NY 13820 is currently listed for sale with an asking price of $149,000. Otsego Street is located within the Oneonta school district. Search Oneonta real estate on hillary-bender.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Cooling: Other, See Remarks
Heating: Electric, Gas, Other, See Remarks, Forced Air
Lot Size: 0.08 Acres
Stories: 3.0
Taxes: $4,650
Year Built: 1943

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 14
Exterior: Composite Siding, Other, See Remarks
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 35X71
Parcel#: 300.6-3-26
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Sewer: Connected
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Oneonta

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Estimated Payment

$ 762.57 per month $331.61 Principal & Interest $387.50 Property Tax $43.46 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: BlueSky Properties
Agency Phone: 607-287-8965

Shown By

Agent Name: Hillary Bender
Agent Phone: (607) 431-0672
Agency Title: Timberland Properties

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