I wanted to share the details on this wonderful 5-unit apartment building! It features five cozy 2-bedroom apartments, each with separate utilities, eat-in kitchens, included appliances, and lovely outdoor spaces like a covered deck and side porch. Tenants handle paying their own utilities with 5 dedicated hot water heaters, 5 heating units, and separate electric panels. There is great potential to increase the current rental income, which is at $1,600 monthly ($19,200 yearly) from two occupied units at $850 and $750. The vacant units are fully move-in ready, as the seller thoughtfully kept them open while the building is for sale. The building has a durable metal roof, mostly vinyl replacement windows, off-street parking, and an over sized 2-car garage with an opener. Plus, it’s in a fantastic location on the bus route, close to downtown, the hospital, and the local elementary school.
Property Details
Price:
$369,900
MLS #:
R1711925
Status:
Active
Beds:
5
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
oneontacity361200
Listed Date:
Sep 3, 2026
Finished Sq Ft:
6,000
Total Sq Ft:
6,000
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1975
Units:
5
See this Listing
Schools
School District:
Oneonta
Interior
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Flooring
Carpet, Tile, Varies, Vinyl
Heating
Electric, Gas, Forced Air, Wall Furnace
Levels
Two
Exterior
Community Features
Other, See Remarks
Construction Materials
Stucco, Vinyl Siding
Exterior Features
Concrete Driveway, Deck
Lot Features
Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Three Or More Spaces, Garage Door Opener
Patio And Porch Features
Covered, Deck, Porch
Roof
Metal
Stories
2
Financial
Taxes
$6,951
Map
Community
- Address516 Main Street 514 Oneonta NY
- CityOneonta
- CountyOtsego
- Zip Code13820
Subdivisions in Oneonta
Market Summary
Current real estate data for Multi Family in Oneonta as of Oct 21, 2026
24
Multi Family Listed
90
Avg DOM
101
Avg $ / SqFt
$270,413
Avg List Price
Property Summary
- 516 Main Street 514 Oneonta NY is a Multi Family for sale in Oneonta, NY, 13820. It is listed for $369,900
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Courtesy of Oneonta 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. 516 Main Street 514
Oneonta, NY