1-3 Birch, Oneonta, NY 13820

New - 34 Hours Ago
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Property Description

1-3 Birch Street - Solid Duplex Investment (Portfolio Sale Required) 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.

1-3 Birch | MLS# S1669847

This home located at 1-3 Birch, Oneonta, NY 13820 is currently listed for sale with an asking price of $225,000. This property was built in 1910 and has 5 bedrooms and 2 full baths with 2178 sq. ft. 1-3 Birch is located within the Oneonta school district. Search Oneonta real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Full
Heating: Gas, ForcedAir
Home Style: Duplex
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $2,761
Year Built: 1910

Feature Descriptions

Appliances: GasWaterHeater
Days on Site: 1
Exterior: VinylSiding
Flooring: Laminate, Varies, Vinyl
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 44X56
Parcel#: 288.17-4-67
Parking: TwoOrMoreSpaces
Parking Notes: TwoOrMoreSpaces
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Oneonta

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Estimated Payment

$ 796.46 per month $500.75 Principal & Interest $230.08 Property Tax $65.63 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: River Hills Properties LLC Lf
Agency Phone: 315-508-5268

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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