Listed price in listed location currency (USD).
$1,100,000

500

MLS® R1691809

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6534 sqft
Garage No
HOA Fees 
Taxes $436,109
Days Active 1
Approx. Age 1982
Avg. Price Per Sqft $168
MLS® Number R1691809

Property Address: 16-18 Myrtle, Oneonta, NY, 13820

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Hill City Student Rentals. This three-property rental portfolio is a complete, buttoned-up investment opportunity with strong immediate cash flow at an exceptional cap rate of around 9.5%. Whether you are a solo investor, an institutional investor, a student or a family member of a student, this is truly a great opportunity. Offered as a package, we have 32 Ford Avenue, 8 Franklin Street, and 16-18 Myrtle Avenue all in Oneonta, NY and all proven and up-to-date, and fully permitted student housing. 32 Ford is a 2-unit with a total of 5 bedrooms. 8 Franklin Street is a single-family 3-bedroom with potential for a 4th bedroom conversion. 16-18 Myrtle is a large duplex with a grandfathered 10-person occupancy rate. This combination of properties creates a very unique, turn-key portfolio with strong NOI. Available furnished and leased for the upcoming school year, this is an investment that will cash flow right out of the gates and is not an opportunity you will want to miss.
MLS® NumberR1691809
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1982
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Zoned
A/CZoned

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
16-18 Myrtle, Oneonta, NY

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