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
76
54
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
This home receives average direct sun exposure in the zip code. 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 $270,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $98K to $270K.