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Property at 16-18 Myrtle, Oneonta, NY 13820
ACTIVE
0
$1,100,000

16-18 MyrtleOneonta, NY, 13820

5 Beds6,534 SqFt0.15 Acres
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.
1 / 50

Est. Monthly

$5,214/MO

$1,100,000

16-18 Myrtle, Oneonta, NY

5 Beds6,534 SqFt0.15 Acres

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.

StatusActive
Property TypeMulti Family
Property SubtypeOther
Year Built1982

Est. Monthly Payment

$5,213.97

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

16-18 Myrtle

Oneonta, NY 13820 • Otsego
5
Beds
—
Baths
6,534
SqFt
0.15
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Other
Year Built
198244 years ago
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $436,109
Property History
  • Listed for sale
    Jun 19, 2026 • NYSAMLS • R1691809
    $1,100,000
Mortgage Calculator
Estimated monthly payment for this property
$5,213.97
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1691809
  • Listing Office
    Land and Water Realty LLC
  • Last Updated
    3 hours ago

Appliances

  • Appliances
    • Dishwasher
    • Gas Oven
    • Gas Range
    • Gas Water Heater
    • Refrigerator

Climate & Systems

  • Heating
    • Gas
    • Zoned

Interior Features

  • Flooring
    • Hardwood
    • Tile
    • Varies
    • Vinyl
  • Basement
    • Full
    • Partial

Parking

  • Parking Features
    • Three Or More Spaces
    • Driveway
    • No Garage

Lot & Grounds

  • Lot Size
    0.15 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Patio & Porch
    • Covered
    • Deck
    • Open
    • Porch
  • Exterior Features
    • Deck
    • Gravel Driveway

Type

  • Property Type
    Multi Family
  • Property Subtype
    Other

Structure

  • Construction
    • Vinyl Siding
    • Wood Siding
  • Roof
    Shingle

Condition

  • Year Built
    1982
  • Condition
    Resale
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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