Cash Flow Duplex for Sale in Oriskany NY – $27K Gross Income Pending

  • $119,900
  • 5 beds
  • 2 baths
  • 1008 sqft

🏠 Cash-Flowing Duplex for Sale in Oriskany, NY — A Smart Investment Opportunity Under $120K

Are you searching for affordable rental properties in Upstate New York with solid cash flow and low maintenance needs? Look no further than 113-111 Marino Street, Oriskany NY, a fully operational two-unit duplex that’s perfect for both first-time investors and seasoned landlords looking to grow their multifamily real estate portfolio.

This duplex for sale in Oriskany NY offers a rare chance to own a property with two separate units, two furnaces, and two water heaters, all located on a quiet corner lot. One unit is currently occupied by a long-term tenant paying $1,000/month, and the other has been recently renovated and is ready to rent for $1,300/month—resulting in a potential gross income of $27,600 per year.

Why Investors Love This Oriskany Multi-Family Property:

  • 2 Separate Units – Great for house hacking or 100% tenant occupancy

  • Updated Vacant Unit – Fresh paint, new flooring, stainless appliances

  • Separate Utilities – Simplified tenant billing

  • Off-Street Parking – One dedicated spot per unit

  • Durable Metal Roof – Lower long-term capital expenditure

  • Low Property Taxes – Total under $2,000/year

  • Walkable Location – Close to Main St, public transit, schools, and parks

Whether you’re a buy-and-hold investor looking for rental properties in Oneida County or a homeowner seeking to offset your mortgage with rental income, this property checks all the boxes.

Located in the Village of Oriskany, this duplex sits in a tenant-friendly area with strong rental demand. Proximity to shopping, parks, and Oriskany schools makes it attractive for long-term tenants. With separate meters and updated systems, property management is simplified—making this a true turnkey investment opportunity.


📍 Property Highlights:

  • Address: 113-111 Marino St, Oriskany, NY 13424

  • Unit 1: 2 Beds / 1 Bath – Leased at $1,000/mo

  • Unit 2: 3 Beds / 1 Bath – Renovated, Vacant – Projected $1,300/mo

  • Type: Multi-Family (2 Units)

  • Roof: Metal

  • Utilities: Gas Forced Air, Public Water/Sewer

  • Parking: 2 Off-Street Spaces (One per Unit)


💼 Is This the Best Duplex Deal in Oriskany, NY?

At just $119,900, this multi-family home for sale in Oriskany NY represents one of the best values on the market today. Whether you’re looking to generate passive income, build long-term equity, or reduce your cost of living through house hacking, this is your chance to own a turnkey rental property with real income already in place.

🏃‍♂️💨 Opportunities like this don’t last. Schedule your tour today and explore why this duplex investment in Upstate New York is turning heads among smart investors.

Price:
$119,900
Address:
111-113 Marino St
Oriskany, NY 13424
Square Feet:
1008
Bedrooms:
5
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1900
Basement:
Unfinished
MLS #:
S1606689

Call (315) 351-2765 for more details

Property Location