26 Otsego St

Attention investors and savvy owner-occupants: this three-unit, 3 BR multifamily property offers strong value-add potential with the opportunity for immediate income. Renovations have already began, providing a head start for the next owner to complete improvements and maximize returns. The basement apartment is currently unfinished, creating additional upside for those looking to expand income potential once completed. Whether you’re looking to live in one unit while generating rental income from the others, or add a cash-flowing asset to your portfolio, this property presents flexibility and long-term opportunity. With improvements, this property could reach significantly higher market value. Priced below full market value to reflect its current condition. Projected future gross income, with improvements, upward of $36,000. Property is being sold as-is. Bring your vision and capitalize on the potential. Convenient location in center city Oneonta within walking distance to downtown and easy access to colleges and the I88 corridor.