34 Pine Street , Oneonta, NY 13820

New - 21 Hours Ago
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Property Description

34 Pine Street - Income-Producing Duplex with Additional Revenue (Portfolio Sale Required) Opportunity knocks in Oneonta with 34 Pine Street, a well-performing two-family duplex offering both steady rental income and an added bonus revenue stream. The property features one 3-bedroom unit and one 2-bedroom unit, providing flexibility and strong tenant appeal. Each unit is equipped with separate utilities, helping keep operating expenses low, with the owner responsible only for water and sewer. In addition to residential income, the property includes a garage currently rented long-term for tool storage, creating supplemental, reliable income. The property generates a current annual NOI of $15,575. Portfolio Sale Requirement 34 Pine Street is part of a three-property investment package that must be sold together, delivering scale and consistent returns: 14-16 Otsego Street - Two-family duplex with 6 bedrooms / 2 bathrooms (two 3BR units), separate utilities, NOI: $17,800 1-3 Birch Street - Two-family duplex with one 3-bedroom and one 2-bedroom unit, separate utilities, NOI: $16,125 Investment Highlights: Total Portfolio NOI: $49,500 Offered at a 7.125% cap rate 6 total units across 3 properties Separate utilities in all units for efficient management Additional income stream from garage rental at Pine Street Located in a strong, consistent rental market Why 34 Pine St Stands Out: Multiple income streams (residential + garage rental) Desirable unit mix appealing to a wide tenant base Stable cash flow with potential for future rent increases Positioned as a key component of this income-generating portfolio, 34 Pine Street offers both stability and upside-ideal for investors looking to expand with a turnkey package in Oneonta.

34 Pine Street | MLS# S1669912

This home located at 34 Pine Street , Oneonta, NY 13820 is currently listed for sale with an asking price of $225,000. This property was built in 1900 and has 7 bedrooms and 4 full baths with 1720 sq. ft. Pine Street 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 -
Basement: Full
Garage: 1
Heating: Gas, ForcedAir
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $2,531
Year Built: 1900

Feature Descriptions

Appliances: SeeRemarks, WaterHeater
Exterior: VinylSiding
Flooring: Varies, Vinyl
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 48X120
Parcel#: 288.18-5-47
Parking: Garage
Parking Notes: Garage
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Oneonta

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Estimated Payment

$ 777.29 per month $500.75 Principal & Interest $210.92 Property Tax $65.63 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

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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