215-217 Main StOneonta, NY 13820

For Sale
$779,000

Prime location, high cash flow, 5 units

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 215-217 Main Street in Oneonta, NY, presents a lucrative investment opportunity. The 7,050 square foot building, constructed in 1920, boasts a prime downtown location directly across from Muller Plaza. This three-story structure comprises five units: a long-established ground-floor commercial space and four upscale three-bedroom apartments on the upper floors, providing a total of twelve bedrooms for rental income. The building sits on a 0.08-acre lot and offers on-site laundry facilities for residential tenants. The property's versatile nature and established tenant base contribute to a significant and consistent cash flow. This easy-to-manage building represents a stable investment with excellent potential for continued growth and profitability. The asking price is $779,000. The property is located in Otsego County, NY, zip code 13820. This is a rare opportunity to acquire a well-established, income-producing property in a thriving downtown area. Don't miss this chance to secure a substantial and reliable income stream.

Highlights

  • Exceptional mixed-use investment opportunity in downtown Oneonta, NY.
  • 7,050 sq ft, three-story building on a 0.08-acre lot, built in 1920.
  • Five units: one ground-floor commercial space and four three-bedroom apartments (twelve bedrooms total).
  • Prime downtown location across from Muller Plaza, offering strong rental income and a stable tenant base.
  • On-site laundry facilities; asking price $779,000.

Property Details for 215-217 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
7,050 SF
Year Built
1920
Buildings
1
Stories
3
Lot Size (sq. ft)
3,485 SF
Units
5

Location Insight

City
Oneonta
County
Otsego
State
New York
Latitude
42.454519
Longitude
-75.061757
215-217 Main St, Oneonta, New York

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215-217 Main St
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