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571 Southside Dr
Oneonta, NY 13820
Triplex Investment Property · Multifamily Property For Sale
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3 Units
Investment Highlights
- Large Pole Barn
- Great Location
- Three Apartments in Oneonta
Executive Summary
Looking to expand your rental portfolio? Need a large pole barn with plenty of clearance? This clean, well-maintained triplex offers immediate income with room to grow AND a large pole barn, making it a smart addition for investors and contractors seeking cash flow and long-term value in a prime Oneonta location. Situated on a spacious 1.03-acre lot, this property features three well maintained rental units, off-street parking, and a large pole barn ideal for storage, equipment, or additional income potential. The covered front porch and expansive yard add curb appeal and tenant satisfaction, while a private deck at the back offers the top two apartments additional outdoor living space. The unit mix includes a spacious two-bedroom, one-bath apartment downstairs along with two additional one-bedroom, one-bath apartments upstairs. The lower level also attaches to a one car garage. This property checks the boxes investors look for: an excellent location close to local amenities, a clean and well-maintained condition that's move-in ready for tenants, and real room for improved cash flow through strategic upgrades. Whether you're a seasoned investor or just starting to build your rental portfolio, this triplex delivers the fundamentals: solid bones and a great location.
Property Facts
| Price Per Unit | $91,633 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,128 SF |
| Cap Rate | 6.37% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10 | No. Stories | 2 |
| No. Units | 3 | Year Built | 1840 |
| Price Per Unit | $91,633 |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Gross Rent Multiplier | 10 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,128 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1840 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 2 | - | - |
| 1+1 | 3 | - | - |
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