3 months on rocket

56-58 E St, Oneonta-City, NY, 13820

$339,900

Home List Price

$4,036*

Closing Credit

7 Bedrooms
3 Full Baths
1,926 SqFt
$176/SqFt
Multi

Location

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56-58 E St, Oneonta$339,900

Buyer Closing Credits

$4,036*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCommon, Two or More Spaces
Year Built1900
HeatingElectric, Natural Gas, Zoned, Forced Air
CoolingZoned
BasementYes
MLS #R1554296
Lot Size0.13 Acres
StatusActive

About 56-58 E St

3 UNIT - 7 BEDROOM INVESTMENT PROPERTY. Student Rental. Currently LEASED for the 2024-2025 and 2025-2026 school years. Recently renovated and fully furnished. Apartments 1 and 2 each have 3 bedrooms and 1 full bath, while apartment 3 features 1 bedroom and 1 full bath. The property showcases new vinyl plank flooring throughout, complemented by some original wood floors, and offers basement access for laundry. Apartments 2 and 3 have been newly updated with new kitchen cabinets, granite countertops, and stainless steel appliances. Electrical upgrades have been completed throughout the building. The exterior boasts vinyl siding, replacement windows, and off-street parking. Conveniently located near downtown, the campus, and bus routes. CoC in place and the seller is a licensed real estate broker. This is an excellent opportunity for cash flow! 2024-2025 School Year GROSS INCOME: $39,850 (reduced rent) 24-25 NET OPERATING INCOME = $25,457 2025-2026 School Year GROSS INCOME: $61,100 25-26 NET OPERATING INCOME= $46,707 TOTAL EXPENSES: $14,393 Land & School Taxes=$5,693 Insurance = $1,500 Heat/Electric = $4,700 Cable/Internet = $1,200 Garbage = $500 Water/Sewer = $800

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 1,926 SqFt

Listing Office:

  • Office Name: Dudley Realty Inc
  • Office Phone: (607) 431-8181
  • Listing Agent: Timothy Sagasti

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Luxury Vinyl, Varies, Vinyl
  • Interior: Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Common, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Zoned, Forced Air
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Drive North up Maple Street, take a right on Center St. Turn left onto East Street. 56-58 East is the second house on the right past Cedar St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,900
  • Price Per SqFt: $176/SqFt
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Housing Market Comparison

See how this home compares to others in Oneonta, NY.

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Oneonta, NY

City

Med. Sold Price

$206K

Med. Price/SqFt

$125

Avg. Days On Market

20

# of Sold Homes

15

56-58 E St vs Oneonta

97 DAYS ON ROCKET

+77 Days

$339,900

+$133.9K More

$176/SqFt

+$50 More

KEY TAKEAWAY

This property is $133.9K more than the Median Sold Price and $50/SqFt more than other homes in Oneonta, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1554296

Listing Office:

  • Office Name: Dudley Realty Inc
  • Office Phone: (607) 431-8181
  • Listing Agent: Timothy Sagasti

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/5/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2206764
3
/10

  • Valleyview Elementary School

  • 40 Valleyview St

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-2206765
8
/10

  • Greater Plains Elementary School

  • 60 W End Ave

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-2206766
3
/10

  • Riverside Elementary School

  • 39 House St

  • 1.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,726. Residents of Oneonta, NY typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Otsego County›Oneonta›13820›56-58 E St

This home is located at 56-58 E St in Oneonta-City, NY and zip code 13820. This 1,926 square foot home, which was built in 1900, sits on a 0.13 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $339,900.

In October 2024 more than 2 listings in Oneonta, NY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below. The number of homes for sale in Oneonta, NY decreased by 5.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 20 days, the median list price was $206,000.

From Rocket Homes Real Estate and based on county public records data.

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