2 UNIT INVESTMENT PROPERTY. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. GROSS INCOME = $46,200/year (Apt 1 $2,655/month Apt 2 $1,200/month) and 13.27% Cap Rate. EXPENSES = $9,050.40. Land & School Taxes = $4,330.40. Insurance = $1,500. Heat/Electric = $2,000 (downstairs apt included only). Garbage = $500. Water/Sewer = $720. NET OPERATING INCOME = $37,149.60. Short term baseball rental area allowed and potential income of $36,000 additional income! Potential Gross of $80k+/year!
Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood clapboard siding, new kitchens, bathrooms, freshly painted interior and exterior, new electrical and plumbing, and brand new vinyl plank floors throughout the first floor (carpeted second floor). Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has a dining area / room, spacious living rooms and bedrooms. Certificate of Compliance in place. Nice Cash Cow!
Closed
$269,900
12 Academy St, Oneonta, NY 13820
6beds
2,084sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$286,500 Zestimate®
$130/sqft
$1,572 Estimated rent
Home value
$286,500
$264,000 - $309,000
$1,572/mo
Zestimate® history
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$1,816/mo
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List your homeWhat's special
Wood clapboard sidingLarge deckClose to bus routesNew kitchensAmple parkingFreshly painted interiorNew electrical
Zillow last checked:
Listing updated:
Listed by:
Timothy Sagasti (607)431-8181,
Dudley Realty Inc,
Jeffrey M. Dudley 607-431-8181,
Dudley Realty Inc
Bought with:
Leah Long, 10401343026
Coldwell Banker Timberland Properties
Source: NYSAMLSs,MLS#: R1507849
Originating MLS: Otsego-Delaware
Originating MLS: Otsego-DelawareFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Luxury Vinyl, Varies, Vinyl
- Basement: Full
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,084
- Total interior livable area: 2,084 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 sqft
- Dimensions: 45 x 70
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 300.5548
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1925
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Oneonta
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2024 | Sold | $269,900-3.6%$130/sqft |
Source:  NYSAMLSs #R1507849 Report a problem | ||
| 4/30/2024 | Pending sale | $279,900$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 4/23/2024 | Listed for sale | $279,900$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 1/9/2024 | Pending sale | $279,900$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 12/13/2023 | Listed for sale | $279,900$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 11/27/2023 | Pending sale | $279,900$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 11/15/2023 | Listed for sale | $279,900+40%$134/sqft |
Source: NYSAMLSs #R1507849 Report a problem | ||
| 11/12/2020 | Sold | $200,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $123,000 |
| 2024 | -- | $123,000 |
| 2023 | -- | $123,000 |
| 2022 | -- | $123,000 |
| 2021 | -- | $123,000 |
| 2020 | -- | $123,000 |
| 2019 | -- | $123,000 |
| 2018 | -- | $123,000 |
| 2017 | $4,550 +48.1% | $123,000 |
| 2016 | $3,072 | $123,000 +44.7% |
| 2015 | -- | $85,000 |
| 2014 | -- | $85,000 |
| 2013 | -- | $85,000 |
| 2012 | -- | $85,000 |
| 2011 | -- | $85,000 |
| 2010 | -- | $85,000 |
| 2009 | -- | $85,000 |
| 2008 | -- | $85,000 +13.3% |
| 2007 | -- | $75,000 |
| 2006 | -- | $75,000 |
| 2005 | -- | $75,000 +25% |
| 2004 | -- | $60,000 |
| 2003 | -- | $60,000 +4.2% |
| 2002 | -- | $57,600 |
| 2001 | -- | $57,600 |
| 2000 | -- | $57,600 |
Find assessor info on the county website
Neighborhood: 13820
Nearby schools
GreatSchools rating
- 5/10Riverside Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Oneonta Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Oneonta Senior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- High: Oneonta High
- District: Oneonta
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Otsego County
- Oneonta
- 13820
- 12 Academy St
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