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$209,900   Price Analysis
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22 Fair St
Oneonta, NY 13820
5 bed 3 bath 2,024 SqFt ($103/SqFt)
3,485SqFt lot. Built 1900
Listed 2024-05-28, Taxes $4,985
USDA Eligible
near Oneonta, NY
 Restrictions may apply
due to home size

Nestled on a quiet street in the HEART OF ONEONTA WITHIN WALKING DISTANCE TO MAIN STREET sits this rare investment opportunity!

* Sale Pending *

One the outside this THREE UNIT PROPERTY features off-street parking, a fenced in back yard and a front porch. The downstairs unit occupies the ENTIRE FIRST FLOOR featuring two b edrooms, full bath, LAUNDRY IN UNIT, living room and forml dining room with a long term tenant leased until May 2025. Upstairs THE POSSIBILITIES ARE ENDLESS featuring two apartments that have one bedroom, one bath, living room and kitchen - both will be vacant prior to closing for you to add your touch and increase rent. To top this all off - there will be a UP TO DATE COC in place prior to closing, SEPARATE ELECTRIC, SEPARATE HEAT, PUBLIC WATER/SEWER!

This is A RARE FIND - don't hesitate!!!


Presented by Lance Thomas at
Benson Agency Real Estate LLC.


Property MLS #R1540003 from NYStateAlliance

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

ElectricWaterHeater

Heating Features: Electric, Gas, Baseboard, ForcedAir
Heating: Yes

Flooring: Varies, Vinyl

Basement Description: Full

Lot Description: ResidentialLot
Lot Size Acres: 0.0800046
Lot Size Dimensions: 32X115
Lot Size Square Feet: 3485

Road Frontage Type: CityStreet

Garage Description: Paved
Parking Features: Paved

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Oneonta
High School District: Oneonta
Middle or Junior School District: Oneonta

Oneonta Senior High School is a public high school located approximately 0.9 miles away.
directions icon Map directions

Valleyview Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Lighthouse Christian Academy is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Oneonta Middle School is a public middle school located approximately 0.9 miles away.
directions icon Map directions

Number of Units In Community: 3
Number of Units: 3

Gross Income: 28800
Rent Includes: Water

Annual Tax Amount: 5059
Source Listing Status: Pending
County: Otsego
Cross Street: Otsego Street
Directions: From Main St turn on to Otsego Street, take a left on to Fair St and property will be on your right - see sign!
Source Property Type: Residential
Area: Oneonta-City-361200
Source Neighborhood: Oneonta-City-361200
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 2
Owner Pays: Water
Parcel Number: 361200-300-006-0004-013-000-0000
Postal City: Oneonta
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$131,400 + $9,600
$141,000
$4,985
2022$131,400 + $9,600
$141,000
$4,861
2021$131,400 + $9,600
$141,000
$5,583
2020$131,400 + $9,600
$141,000
$8,766
2017$131,400 + $9,600
$141,000
$4,651
2016$131,400 + $9,600
$141,000
$4,854
2015$131,400 + $9,600
$141,000
$4,654
2014$86,000 + $4,000
$90,000
$4,126
2014$86,000 + $4,000
$90,000
$4,907
2013$86,000 + $4,000
$90,000
$1,883
2012$86,000 + $4,000
$90,000
$1,850
2011$86,000 + $4,000
$90,000
$1,800
2010$86,000 + $4,000
$90,000
$4,062

Listed 2024-05-28
$209,900
MyStateMLS
Listed 2024-05-28
$209,900
NYStateAlliance
Sold 2004-06-02
$119,000
Public Record

Net Operating Income: 20861
Operating Expense: 2880
Operating Expense Includes: Insurance, Licenses, MaintenanceStructure, Maintenance, Supplies, Trash, WaterSewer

Total Square Feet Living: 2024
Year Built: 1900
Building Area Source: PublicRecords
Building Area Total: 2024
Construction Materials: VinylSiding
Foundation Details: Stone
Levels: Two
Property Age: 124
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing

Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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house_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.