199-201 Chestnut St

$115,000
Price
5
Beds
1,456 Sq. Ft.
$79 / Sq. Ft.
1,456
Sq. Ft.
$79
per Sq. Ft.

Description

Do you want to MAKE MONEY? Here's your opportunity to own a lucrative multifamily in Oneonta located near bus routes and downtown. This 3 UNIT boasts 2 2-Bedroom and 1 1-bedroom units. Long term tenants in both of the two bedroom units. Tenants pay electric & heat. Owner pays snow removal, water and trash removal. Net operating income of over $16,000. Can't beat this cap rate of 11.8%.Do you want to MAKE MONEY? Here's your opportunity to own a lucrative multifamily in Oneonta located near bus routes and downtown. This 3 UNIT boasts 2 2-Bedroom and 1 1-bedroom units. Long term tenants in both of the two bedroom units. Tenants pay electric & heat. Owner pays snow removal, water and trash removal. Net operating income of over $16,000. Can't beat this cap rate of 11.8%.
  1. Listed by Michele L. Frazier • Benson Agency Real Estate LLC
    P: (607)-432-4391 C: (607)-435-8879 michele.frazier@bensonre.com

Property Details for 199-201 Chestnut Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
On Street
Nearest Cross Street
King St.
LISTING UPDATED: 08/27/2025 12:16 PM

Property Details for 199-201 Chestnut Street

StatusPending
MLS #R1590616
Days on Market114
Taxes$9,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.16 AC / 6,970 SF
CountyOtsego County

Location

Listing Courtesy of Benson Agency Real Estate LLC
Add your commute

Building Information for 199-201 Chestnut Street

Stories2Residences3Year Built1900Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$1,368 per month

30 year fixed, 6.28% Interest

Principal and Interest

$568

Property Taxes

$800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 199-201 Chestnut Street

Summary
Location and General Information
  • Elementary School District: Oneonta
  • High School District: Oneonta
  • Middle Or Junior School District: Oneonta
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Oneonta-City-361200
  • Tax Annual Amount: $9,600.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1456.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6970.0
  • Lot Size Units: Acres
  • Parcel Number: 300.5-4-1
  • Road Frontage: City Street
  • Lot Number: 1
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $105,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, Shake Siding, See Remarks, Wood Siding
  • Foundation Description: Stone
  • Roof Description: Asphalt
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies
  • Heating: Electric, Other, See Remarks
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1456.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $28,756.00
  • Net Operating Income: $6,866.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $12,290.00
  • Operating Expense Includes: Accounting, Insurance, Legal, Maintenance Structure, Maintenance, Professional Management, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Living Room,Porch
  • Unit Type Total Rent: $875.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 875
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Dining Area With Living Room,Living Room,Porch
  • Unit Type Total Rent: $900.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Unit 3
  • Unit Type Actual Rent: $675.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room
  • Unit Type Total Rent: $675.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 675
Rental
Rental Information
  • Rent Includes: Snow Removal, Trash Collection, Water

Property History for 199-201 Chestnut Street

DateEvent & SourcePriceAppreciation
Jun 21, 2025

Pending

WNYREIS #R1590616

May 19, 2025

Price Change

WNYREIS #R1590616

$115,000
Apr 29, 2025

Price Change

WNYREIS #R1590616

$125,000
Feb 27, 2025

Listed (Active)

WNYREIS #R1590616

$135,000
DateEvent & SourcePrice
06/21/2025

Pending

WNYREIS #R1590616

05/19/2025

Price Change

WNYREIS #R1590616

$115,000
04/29/2025

Price Change

WNYREIS #R1590616

$125,000
02/27/2025

Listed (Active)

WNYREIS #R1590616

$135,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 199-201 Chestnut Street

Taxable ValueLand$14,800Additions$90,200Total$105,000
Home Facts
Baths3Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1900Year Renovated1965Zoning420CountyOTSEGOAPN361200 300.5-4-1

Schools near 199-201 Chestnut Street

This home is within Oneonta City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - K to 5
Rating
School
Distance
Riverside Elementary School
PublicK to 5

Oneonta Middle School
Public6 to 8

Oneonta Senior High School
Public6 to 12

Greater Plains Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Benson Agency Real Estate LLC

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