About 5-7 Washington Street
This fully rented two-family property is a proven income producer with gross annual rental income exceeding $37,000 and an exceptional rental history. Each unit offers 3 bedrooms, maximizing tenant demand and providing stable, consistent cash flow. Ideally situated right in center city and just blocks from Main Street, this property appeals to a broad tenant base, including professionals, families, students, and local workforce renters. Its desirable location helps support strong occupancy and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily investment, this property offers immediate income with the opportunity to increase returns through future rental adjustments and continued appreciation. A solid addition to any investor's portfolio with reliable performance and excellent upside potential.
Features of 5-7 Washington Street
| MLS® # | R1701707 |
|---|---|
| Price | $299,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,392 |
| Acres | 0.08 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 5-7 Washington Street |
|---|---|
| Area | Oneonta-City |
| City | Oneonta |
| County | Otsego |
| State | NY |
| Zip Code | 13820 |
Amenities
| Utilities | Sewer Connected, Water Connected, Gardener, Snow Removal, Trash Collection, Water |
|---|---|
| Features | Other, Rectangular, Rectangular Lot, See Remarks |
| Parking | On Street |
| Garages | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Frame, Other |
|---|---|
| Lot Description | Other, Rectangular, Rectangular Lot, See Remarks |
| Construction | Frame, Other |
School Information
| District | Oneonta |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Upstate NY Properties |
|---|---|
| Contact Info | (516) 974-8882 |