This property offers a lucrative investment opportunity in the City of Oneonta with a 10% capitalization rate. This well-maintained three-unit rental property will be a strong portfolio builder for any real estate investor. It would also be an ideal owner-occupier rental property if you're just getting started. Each unit has its own level and its own exterior access which lends itself to three very spacious apartments with plenty of privacy. Each has been well maintained with good rental history. The rents, which are currently around $950 per month have room to increase in the busy Oneonta rental market (most likely $1,200 to $1,400 per month for long-term tenants or $1,700 to $,1800 per month as a student rental). Last year the landlord grossed $32,100 in rents and had expenses of $9,000. Tenants pay utilities other than garbage removal. The cap rate is approximately 10% but with room to run with increased rents. The property is ideally situated near Harwick and SUNY, with mountain views. It has a nice area for grilling with a cement patio area and a covered porch for the two upper apartments to share. There is a nice grassy yard around the building. The paved driveway offers off-street parking and the dead-end means there is space to park as many cars as needed when guests are visiting. Gas heating units have been updated, as well as hot water heaters. Gas and electricity are metered separately. There is a clean and dry utility room on the ground level of the property. The property has been well-maintained. Most windows are updated. The siding is vinyl and the roof appears to be in decent shape. This cash-generating property will be a great fit for someone's real estate portfolio. Call to schedule your showing!