34 Pine St
Description
Opportunity knocks in Oneonta with 34 Pine Street, a well-performing two-family duplex offering both steady rental income and an added bonus revenue stream. The property features one 3-bedroom unit and one 2-bedroom unit, providing flexibility and strong tenant appeal. Each unit is equipped with separate utilities, helping keep operating expenses low, with the owner responsible only for water and sewer. In addition...34 Pine Street – Income-Producing Duplex with Additional Revenue (Portfolio Sale Required)
Opportunity knocks in Oneonta with 34 Pine Street, a well-performing two-family duplex offering both steady rental income and an added bonus revenue stream. The property features one 3-bedroom unit and one 2-bedroom unit, providing flexibility and strong tenant appeal. Each unit is equipped with separate utilities, helping keep operating expenses low, with the owner responsible only for water and sewer. In addition to residential income, the property includes a garage currently rented long-term for tool storage, creating supplemental, reliable income. The property generates a current annual NOI of $15,575. Portfolio Sale Requirement
34 Pine Street is part of a three-property investment package that must be sold together, delivering scale and consistent returns:
14–16 Otsego Street – Two-family duplex with 6 bedrooms / 2 bathrooms (two 3BR units), separate utilities, NOI: $17,800
1–3 Birch Street – Two-family duplex with one 3-bedroom and one 2-bedroom unit, separate utilities, NOI: $16,125
Investment Highlights:
Total Portfolio NOI: $49,500
Offered at a 7.125% cap rate
6 total units across 3 properties
Separate utilities in all units for efficient management
Additional income stream from garage rental at Pine Street
Located in a strong, consistent rental market
Why 34 Pine St Stands Out:
Multiple income streams (residential + garage rental)
Desirable unit mix appealing to a wide tenant base
Stable cash flow with potential for future rent increases
Positioned as a key component of this income-generating portfolio, 34 Pine Street offers both stability and upside—ideal for investors looking to expand with a turnkey package in Oneonta.
- Listed by Brandon Mosher • River Hills Properties LLC LfP: (315)-508-5268 C: (315)-868-4596 riverhillsbrandon@gmail.com
- Listed by Evan Martyniuk • River Hills Properties LLC LfP: (315)-508-5268 C: (315)-717-3506 riverhillsevan@gmail.com
Property Details for 34 Pine Street
Property Details for 34 Pine Street
| Status | Active |
|---|---|
| MLS # | S1669912 |
| Days on Market | 8 |
| Taxes | $2,531 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family / Residential |
| Year Built | 1900 |
| Lot Size | - |
| County | Otsego County |
Location
Building Information for 34 Pine Street
Payment Calculator
$1,344 per month
30 year fixed, 6.46% Interest
$1,133
$211
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1Property Information for 34 Pine Street
- Elementary School District: Oneonta
- High School District: Oneonta
- Middle Or Junior School District: Oneonta
- Village: Not Applicable
- Human YN: Yes
- Garage Spaces per Apt: 1.00
- Garage YN: Yes
- Area NYSWIS Code: Oneonta-City-361200
- Tax Annual Amount: $2,531.00
- Virtual Tour URL: https://www.propertypanorama.com/instaview/syr/S1669912
- Building Area Total: 1720.0
- Land Features: Rectangular, Rectangular Lot, Residential Lot
- Lot Size Units: Acres
- Parcel Number: 288.18-5-47
- Road Frontage: City Street
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $110,000
- Year Built: 1900
- Year Built Description: Existing
- Num Of Electric Meters: 2
- Num Of Gas Meters: 2
- Sewer Description: Connected
- Utilities Available: Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Construction Materials: Vinyl Siding
- Appliances: See Remarks, Water Heater
- Basement Description: Full
- Basement YN: Yes
- Num Of Possible Bedrooms: 7
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Varies, Vinyl
- Heating: Gas, Forced Air
- Heating YN: Yes
- Levels: Two
- Sq Ft Total: 1720.0
- Main Level Bathrooms: 0
- Gross Annual Income: $15,575.00
- Number Of Units In Community: 3
- Number Of Units Total: 2
- Operating Expense Includes: Professional Management, Water Sewer
- Stories: 2
- Stories Total: 2
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Features: Oven/ Range,Refrigerator,Eat-In Kitchen
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 2
- Unit Type Beds Total: 2
- Features: ,Eat-In Kitchen,Formal Dining Room
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 2
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Rent Includes: Water
Property History for 34 Pine Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 30, 2026 | Listed (Active) WNYREIS #S1669912 | $225,000 | — |
| Jun 26, 2017 | Sold (Public Record) Public Record #600968270 | $111,000 | — |
| Jun 26, 2017 | Sold WNYREIS #OD109695 | $111,000 | — |
| May 1, 2017 | Pending WNYREIS #OD109695 | — | |
| Mar 1, 2017 | Listed (Active) WNYREIS #OD109695 | $110,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/30/2026 | Listed (Active) WNYREIS #S1669912 | $225,000 |
| 06/26/2017 | Sold (Public Record) Public Record #600968270 | $111,000 |
| 06/26/2017 | Sold WNYREIS #OD109695 | $111,000 |
| 05/01/2017 | Pending WNYREIS #OD109695 | — |
| 03/01/2017 | Listed (Active) WNYREIS #OD109695 | $110,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 34 Pine Street
Schools near 34 Pine Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Greater Plains Elementary School PublicK to 5 | ||
Oneonta Middle School Public6 to 8 | ||
Oneonta Senior High School Public9 to 12 | ||
Riverside 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 River Hills Properties LLC Lf
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