For SaleMLS # R17119256 days on market

516 Main Street Unit 514

Oneonta, NY 13820 · Otsego County

Price

$369,900

Bed / Bath

5 bd

Interior

6,000 sqft

Lot

5,227 sqft lot

Built

1975

About this home

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.

Exterior features

Concrete Driveway
Deck

Appliances

Dishwasher
Electric Oven
Electric Range
Electric Water Heater
Gas Oven
Gas Range
Gas Water Heater
Microwave
Refrigerator

Mechanical

Heating

Electric, Gas, Forced Air, Wall Furnace

Schools

District

Oneonta

Tax & finance

Annual taxes

$6,951

Financing

Cash · Conventional

Location

Oneonta, NY 13820 · Otsego County

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MLS Attribution

Listing courtesy of Oneonta Realty, LLC. Listing agent: Christine Keto. Data last updated 9/9/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.