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38-40 Cliff Street

Oneonta, NY 13820
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Bed 10

Bed

Bath 4

Bath

SqFt3,104

Sqft

Acres0.16

Acre(Lot)

Quality maintained 10 bedroom 4 family home just minutes to downtown and city bus lines. May be purchased with home next door 34-36 Cliff St, a four family MLS R1687927. Utilities are separate. Ample rear parking area for tenants. 3100 sqft home features a spacious front enclosed entry porch for all tenants. Outside there is a rear 2nd floor deck for both 2nd floor tenants, and separate rear entry decks for each first floor tenants. Two 3 bedroom and two 2 bedroom units. Spacious apartments all have generous square footage and closets, and all are equipped with dishwasher. Coin op laundry in basement. Home was completely gutted in the '90's so all electrical, plumbing, and wiring were done at that time. 38-40 Cliff St: Income: $51,600 annually. Expenses: Taxes $6,946, Water/Sewer $ 1,700, Insurance $2,200, Trash $1,200, Snow $375, Maintenance and Vacancy at 5% of gross $3,750, Total expenses: $16,171. NOI $35,429. Mortgage expense: $26,316 ($375,000, 20% down, $300k@ 6.25% for 20 yrs). Net Income $9113 / $75,000 (down payment) = 12% Return on Investment with below market rents. One year leases in place.

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Detail Ic Property Details

Property Type : Residential

Price : $375,000

AD Id : 80068846

MLS Id : R1687928

Beds : 10

Lot Size : 0.16 Acre

Living Area Size : 3,104

Year Built : 1900

County : Otsego

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Varies, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas

  • Building Information

    Year Built: 1900 Building Area Total: 3104 Construction Materials: Frame, Vinyl Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 66X106 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Description: Irregular Lot, Near Public Transit

  • Listing Price Information

    Listing Price: $375000 Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 300.5-4-59.00 Annual Tax: $5946

  • Parking Information

    Common, Gravel

  • Utility Information

    Cable Available, Sewer Connected, Water Connected
  • Location Information

    Direction: Main Street to Grove Street, then third left onto Cliff Street, property is on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
22 8th Street, Oneonta, NY, 13820 $179,900 5 2 1,728 1,728 SqFt
12 Valleyview Street, Oneonta, NY, 13820 $195,000 6 2 2,154 2,154 SqFt
39 Fair Street, Oneonta, NY, 13820 $329,900 4 4 2,658 2,658 SqFt
39 Fair Street, Oneonta, NY, 13820 $329,900 4 4 1,818 1,818 SqFt
14-16 Otsego Street, Oneonta, NY, 13820 $250,000 6 2 2,756 2,756 SqFt
34 Pine Street, Oneonta, NY, 13820 $225,000 7 4 1,720 1,720 SqFt
58 Maple Street, Oneonta, NY, 13820 $299,900 3 4 3,420 3,420 SqFt
78-80 Center Street, Oneonta, NY, 13820 $199,000 6 2 2,296 2,296 SqFt
91 Main Street, Oneonta, NY, 13820 $295,000 4 4 2,400 2,400 SqFt
7-9 Reynolds Avenue, Oneonta, NY, 13820 $289,000 6 2 2,050 2,050 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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 ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/15/2026 @ 07:24

MLS: R1687928 LISTED BY: Rodger Moran, Benson Agency Real Estate LLC 607-432-4391 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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