Welcome to Hill City Student Rentals. This three-property rental portfolio is a complete, buttoned-up investment opportunity with strong immediate cash flow at an exceptional cap rate of around 9.5%. Whether you are a solo investor, an institutional investor, a student or a family member of a student, this is truly a great opportunity. Offered as a package, we have 32 Ford Avenue, 8 Franklin Street, and 16-18 Myrtle Avenue all in Oneonta, NY and all proven and up-to-date, and fully permitted student housing.
32 Ford is a 2-unit with a total of 5 bedrooms. 8 Franklin Street is a single-family 3-bedroom with potential for a 4th bedroom conversion. 16-18 Myrtle is a large duplex with a grandfathered 10-person occupancy rate.
This combination of properties creates a very unique, turn-key portfolio with strong NOI. Available furnished and leased for the upcoming school year, this is an investment that will cash flow right out of the gates and is not an opportunity you will want to miss.
Active
$1,100,000
16-18 Myrtle Ave, Oneonta, NY 13820
5beds
0baths
6,534sqft
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$168/sqft
$-- HOA
What's special
Available furnished
- 24 days |
- 374 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Land and Water Realty LLC 845-807-2630,
Travis O'Dell 845-807-2630
Source: NYSAMLSs,MLS#: R1691809
Originating MLS: Otsego-Delaware
Originating MLS: Otsego-DelawareLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Gas, Zoned
Cooling
- Zoned
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Features
- Flooring: Hardwood, Tile, Varies, Vinyl
- Basement: Full,Partial
- Has fireplace: No
Interior area
- Total structure area: 6,534
- Total interior livable area: 6,534 sqft
Property
Parking
- Parking features: Three or more Spaces, Driveway, No Garage
Features
- Stories: 3
- Patio & porch: Covered, Deck, Open, Porch
- Exterior features: Deck, Gravel Driveway
Lot
- Size: 6,534 Square Feet
- Dimensions: 60 x 118
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 288.17376
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- Resale
- Year built: 1982
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
Location
- Region: Oneonta
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $199,000,000
- Annual tax amount: $436,109
- Date on market: 6/19/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $1,100,000$168/sqft |
Source:  NYSAMLSs #R1691809 Report a problem | ||
| 11/23/2025 | Listing removed | $4,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $4,300-2.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $4,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2024 | Listed for rent | $4,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/22/2023 | Listed for rent | $4,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $199,000 |
| 2024 | -- | $199,000 |
| 2023 | -- | $199,000 |
| 2022 | -- | $199,000 |
| 2021 | -- | $199,000 |
| 2020 | -- | $199,000 |
| 2019 | -- | $199,000 |
| 2018 | -- | $199,000 |
| 2017 | $6,210 +129.1% | $199,000 |
| 2016 | $2,711 | $199,000 +70.1% |
| 2015 | -- | $117,000 |
| 2014 | -- | $117,000 |
| 2013 | -- | $117,000 |
| 2012 | -- | $117,000 |
| 2011 | -- | $117,000 |
| 2010 | -- | $117,000 |
| 2009 | -- | $117,000 |
| 2008 | -- | $117,000 |
| 2007 | -- | $117,000 |
| 2006 | -- | $117,000 |
| 2005 | -- | $117,000 |
| 2004 | -- | $117,000 |
| 2003 | -- | $117,000 +8.9% |
| 2002 | -- | $107,400 |
| 2001 | -- | $107,400 |
| 2000 | -- | $107,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13820
Nearby schools
GreatSchools rating
- 5/10Valleyview Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Oneonta Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Oneonta Senior High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Oneonta
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $222,4005 bd2 ba2.4k sqft16 Myrtle Ave, Oneonta, NY 13820Off Market
- $225,7005 bd3 ba2.8k sqft12-14 Myrtle Ave, Oneonta, NY 13820Off Market
- $--2 bd1 ba-- sqft54 Spruce St, Oneonta, NY 13820Off Market
- $143,8002 bd1 ba1.1k sqft58 Spruce St, Oneonta, NY 13820Off Market
- $182,5003 bd2 ba1.8k sqft10 Myrtle Ave, Oneonta, NY 13820Off Market
- $140,0008 bd2 ba2.5k sqft55 Spruce St, Oneonta, NY 13820Sold
- $--3 bd1 ba-- sqft69 Ford Ave APT 2, Oneonta, NY 13820Off Market
- $1,6003 bd1 ba861 sqft65 Ford Ave #1, Oneonta, NY 13820For Rent
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $1,050,0005 bd5 ba5.8k sqft357 County Highway 9, Oneonta, NY 13820For Sale
MLS ID #R1661904, Joan G. Fox, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs - $599,0005 bd4 ba3.9k sqft5 Ravine Park N, Oneonta, NY 13820For Sale
MLS ID #R1686023, Joan G. Fox, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs - $675,0004 bd3 ba3.3k sqft2373 State Highway 28, Oneonta, NY 13820For Sale
MLS ID #R1683096, Carol A. Olsen - SRES, Listing by: Howard Hanna. NYSAMLSs - $799,0008 bd4 ba3.4k sqft383 County Highway 45, Milford, NY 13807For Sale
MLS ID #R1676915, Linda Flynn, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs - $975,0004 bd3 ba3.5k sqft734 Post Rd, Franklin, NY 13775For SaleMLS ID #R1671027, Stacey L. Camilleri, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs
- $875,0005 bd3 ba5.1k sqft2651 Mac Gibbon Hollow Road, Walton, NY 13856Active
MLS ID #20262885, Susan Muther, Listing by: Keller Williams Upstate NY. HVCRMLS - $1,295,0003 bd3 ba3.4k sqft500 County Highway 4, Unadilla, NY 13849For SaleMLS ID #R1692819, Stacey M. Frazier ABR, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs
- $1,200,0008 bd8 ba5.6k sqft6 Westridge Road, Cooperstown, NY 13326ActiveMLS ID #20260685, Susan Muther, Listing by: Keller Williams Upstate NY. HVCRMLS
- $585,0005 bd4 ba4.2k sqft154 Westville Gulf Rd, Schenevus, NY 12155For SaleMLS ID #R1681280, Stacey L. Camilleri, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs
- $679,0005 bd5 ba4.6k sqft24 Genesee St, New Berlin, NY 13411For SaleMLS ID #R1670217, Benjamin Holscher, Listing by: The Holscher Group. NYSAMLSs
- $649,0006 bd3 ba3.4k sqft1462 County Highway 42, Schenevus, NY 12155For SaleMLS ID #R1655784, Hayyoung Wilkens, Listing by: Keller Williams Upstate NY Properties. NYSAMLSs
- $645,0003 bd5 ba5.2k sqft422 Main Street, Franklin, NY 13775ActiveMLS ID #20263730, Deb Dolan, Listing by: Keller Williams Upstate NY. HVCRMLS
- $675,0005 bd4 ba3.9k sqft174 Angell Hill Rd, New Berlin, NY 13411For SaleMLS ID #R1675782, Courtney V. Burrell, Listing by: Howard Hanna. NYSAMLSs
- $769,0006 bd3 ba5.4k sqft445 Holmesville Hill Rd, South New Berlin, NY 13843For SaleMLS ID #333921, Glenn Rogers, Listing by: KELLER WILLIAMS REALTY GREATER BINGHAMTON. GBMLS
- $699,9004 bd3 ba4.1k sqft127 Main St, Cooperstown, NY 13326For SaleMLS ID #R1649833, Kristen Bellois, Listing by: Glimmerglass Realty Group LLC. NYSAMLSs
