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.
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.
Property Details
Price:
$1,100,000
MLS #:
R1691809
Status:
Active
Beds:
5
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
oneontacity361200
Listed Date:
Jun 19, 2026
Finished Sq Ft:
6,534
Total Sq Ft:
6,534
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1982
Units:
5
See this Listing
Schools
School District:
Oneonta
Interior
Appliances
Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Cooling
Zoned
Flooring
Hardwood, Tile, Varies, Vinyl
Heating
Gas, Zoned
Exterior
Community Features
None
Construction Materials
Vinyl Siding, Wood Siding
Exterior Features
Deck, Gravel Driveway
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Three Or More Spaces, Driveway, No Garage
Patio And Porch Features
Covered, Deck, Open, Porch
Roof
Shingle
Stories
3
Financial
Taxes
$436,109
Map
Community
- Address16-18 Myrtle Avenue Oneonta NY
- CityOneonta
- CountyOtsego
- Zip Code13820
Subdivisions in Oneonta
Market Summary
Current real estate data for Multi Family in Oneonta as of Jul 21, 2026
23
Multi Family Listed
91
Avg DOM
102
Avg $ / SqFt
$303,657
Avg List Price
Property Summary
- 16-18 Myrtle Avenue Oneonta NY is a Multi Family for sale in Oneonta, NY, 13820. It is listed for $1,100,000
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Courtesy of Land and Water Realty LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 16-18 Myrtle Avenue
Oneonta, NY