This fully rented two-family property is a proven income producer with gross annual rental income exceeding $37,000 and an exceptional rental history. Each unit offers 3 bedrooms, maximizing tenant demand and providing stable, consistent cash flow.
Ideally situated right in center city and just blocks from Main Street, this property appeals to a broad tenant base, including professionals, families, students, and local workforce renters. Its desirable location helps support strong occupancy and long-term investment potential.
Whether you’re looking to expand your portfolio or acquire your first multifamily investment, this property offers immediate income with the opportunity to increase returns through future rental adjustments and continued appreciation. A solid addition to any investor’s portfolio with reliable performance and excellent upside potential.
Ideally situated right in center city and just blocks from Main Street, this property appeals to a broad tenant base, including professionals, families, students, and local workforce renters. Its desirable location helps support strong occupancy and long-term investment potential.
Whether you’re looking to expand your portfolio or acquire your first multifamily investment, this property offers immediate income with the opportunity to increase returns through future rental adjustments and continued appreciation. A solid addition to any investor’s portfolio with reliable performance and excellent upside potential.
Property Details
Price:
$299,000
MLS #:
R1701707
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
oneontacity361200
Listed Date:
Jul 28, 2026
Finished Sq Ft:
2,392
Total Sq Ft:
2,392
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Oneonta
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Hardwood, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two
Exterior
Architectural Style
Duplex
Construction Materials
Frame, Other
Lot Features
Other, Rectangular, Rectangular Lot, See Remarks
Parking Features
On Street
Stories
2
Financial
Taxes
$6,625
Map
Community
- Address5-7 Washington Street Oneonta NY
- CityOneonta
- CountyOtsego
- Zip Code13820
Subdivisions in Oneonta
Market Summary
Current real estate data for Multi Family in Oneonta as of Aug 28, 2026
26
Multi Family Listed
98
Avg DOM
104
Avg $ / SqFt
$278,188
Avg List Price
Property Summary
- 5-7 Washington Street Oneonta NY is a Multi Family for sale in Oneonta, NY, 13820. It is listed for $299,000
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Courtesy of Keller Williams Upstate NY Properties. 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. 5-7 Washington Street
Oneonta, NY