1-3 Birch Oneonta, NY 13820
5 Beds
2 Baths
2,178 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,178 sqft
Price per Sqft $103
MLS Listing ID S1669847
Style Duplex
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $2,761
Lot Dimensions 44X56
Property Sub-Type Multi Family
Property Description
Located in a desirable rental area of Oneonta, 1–3 Birch Street offers a strong opportunity to own a well-maintained two-family duplex with reliable income. This property features one 3-bedroom unit and one 2-bedroom unit, appealing to a wide range of tenants.
Both units have separate utilities, keeping operating costs efficient, while the owner is responsible only for water and sewer. With consistent occupancy and rental demand, the property generates a current annual NOI of $16,125, making it a dependable addition to any investment portfolio.
Portfolio Sale Requirement
This property is part of a three-property package that must be sold together, offering immediate scale and diversified income:
14–16 Otsego Street – Two-family duplex with 6 bedrooms / 2 bathrooms total (two 3BR units), separate utilities, NOI: $17,800
34 Pine Street – Two-family duplex with one 3-bedroom and one 2-bedroom unit, separate utilities, plus additional garage rental income, NOI: $15,575
Investment Highlights:
Total Portfolio NOI: $49,500
Offered at a 7.125% cap rate
6 total units across 3 properties
Separate utilities in all buildings
Strong rental market with consistent tenant demand
Additional income stream from garage rental at Pine Street
Why 1–3 Birch St Stands Out:
Versatile unit mix (3BR + 2BR) attracts a broad tenant base
Efficient management with tenant-paid utilities
Stable cash flow with upside potential through rent growth
Take advantage of this opportunity to secure 1–3 Birch Street as part of a well-performing, income-producing portfolio in Oneonta—ideal for investors seeking steady returns and long-term value.
Location
State NY
County Otsego
Area Oneonta-City-361200
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Oneonta
Others
Senior Community No
Tax ID 288.17-4-67
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1669847
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