Two Homes, three units, endless possibilities! 7 & 9 Spring Street offer an incredible opportunity for investment, rental income, or multigenerational living. The main house at 7 Spring Street has two apartments: a spacious 3-bedroom, 1-bath unit with laundry on the first floor, and a 2-bedroom (possibly 3), 1-bath unit with laundry upstairs. Behind it, 9 Spring Street is a separate cottage with 2 bedrooms, 1 bath, and flexible living space—ready for a little TLC to reach its full potential. Each unit features its own porch, and the property provides both off-street and on-street parking. The duplex currently brings in $2600 a month, consider the income potential with the back house being rented - this could be $4000+ a month! Conveniently located within walking distance to downtown, amenities, and the bus stop, this property is a rare find. Live in one and rent the others, rent all three, or create the perfect setup for extended family. The possibilities are endless!!!
Multi-familyProperty Type
1920Year Built
6,098 sq ftLot Size
$125Price/Sq.Ft.
2 spacesParking
Listing by Leah Long• Coldwell Banker Timberland Properties
Great opportunity to own two investment properties with great rental history. Yearly income $45,600. The Main house (7 Spring St) has two apartments. Downstairs apartment is a 3 bedroom, 1 bath with laundry. Upstairs apt is a two bedroom 1 bath with laundry. Each apartment has Hardwood flooring, updated kitchens and baths. One furnace and two electric meters. Apartments are leased through May 25 2024. 7 Spring St downstairs $1650/month includes utilities. Upstairs rent $1100/month includes utilities. The bonus cottage rental, #9 Spring St, is located behind 7 Spring St. Leased through May 25, 2024 for $1200/month includes utilities. The Cottage has 2 bedrooms, 1 bath with bonus living room upstairs, updated kitchen and baths, laundry, and front porch. Off street parking, close to bus stop and downtown. Give me a call today for more details.
UNYREIS #OD52174
Dec 18, 2003
Sold
$90,000
$50/sq ft
Oct 4, 2002
Listed
$99,500
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,131
$14,800 + $90,200
$105,000
2025
$4,131 (+5.6%)
$14,800 + $90,200
$105,000
2024
$3,912 (+4.0%)
$14,800 + $90,200
$105,000
2023
$3,760 (+2.7%)
$14,800 + $90,200
$105,000
2022
$3,660 (+1.7%)
$14,800 + $90,200
$105,000
2021
$3,600 (−20.0%)
$14,800 + $90,200
$105,000
2020
$4,499 (+0.3%)
$14,800 + $90,200
$105,000
2019
$4,484 (+9.6%)
$14,800 + $90,200
$105,000
2018
$4,093 (+18.3%)
$14,800 + $90,200
$105,000
2017
$3,460 (−12.8%)
$14,800 + $90,200
$105,000
2016
$3,968 (+5.3%)
$14,800 + $90,200
$105,000
2015
$3,769 (+13.3%)
$14,800 + $90,200
$105,000
2014
$3,326
$7,000 + $58,000
$65,000
Public record
Beds
3
Baths
2
Stories
2
Lot width
54 ft.
Lot depth
149 ft.
Lot size
6,098 Sq. Ft.
Year renovated
1981
Finished Sq. Ft.
1,794
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,794
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Otsego County
APN
361200A30000500040250000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
8 days above 93° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Oneonta, NY • 13820
Average low and high temperatures (°F)
25
14
30
15
47
28
57
37
63
45
75
55
80
61
75
56
71
50
59
40
45
31
32
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7 Spring St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $97,500 and $230,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $98K to $230K.