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
- 97 days
- 152
- 2
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
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: 97 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listing removed | $3,440$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2026 | Listed for rent | $3,440-20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2026 | Listed for sale | $1,100,000$168/sqft |
Source: | ||
| 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
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.







