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5 Beds
0 Baths
6,534 sqft

$1,100,000

16-18 Myrtle Avenue, Oneonta NY, 13820

Price per sqft$168.35
Built in1982
Property size6,534 sqft
Property typeOther

Overview

Active

Listed Jun 19, 2026

Updated Jun 23

Welcome to Hill City Student Rentals. This three-property rental portfolio is a complete, buttoned-up investment opportunity with strong immediate cash flow at an exceptional cap rate of around 9.5%. Whether you are a solo investor, an institutional investor, a student or a family member of a student, this is truly a great opportunity. Offered as a package, we have 32 Ford Avenue, 8 Franklin Street, and 16-18 Myrtle Avenue all in Oneonta, NY and all proven and up-to-date, and fully permitted student housing. 32 Ford is a 2-unit with a total of 5 bedrooms. 8 Franklin Street is a single-family 3-bedroom with potential for a 4th bedroom conversion. 16-18 Myrtle is a large duplex with a grandfathered 10-person occupancy rate. This combination of properties creates a very unique, turn-key portfolio with strong NOI. Available furnished and leased for the upcoming school year, this is an investment that will cash flow right out of the gates and is not an opportunity you will want to miss.

$7,318/mo

Est. mortgage payment based on a $1,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
R1691809

Interior Features

Bedrooms
5
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$436,109
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Land and Water Realty LLC, Travis O'Dell

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Disclaimer: 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), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:13 AM UTC, 6/23/2026

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