Carissa LaFica
Licensed Real Estate Salesperson
REALTOR®
Clifton Park, NY
Cell: (518) 860-0962 Office: (518) 383-0030 Fax: (518) 383-6225
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14 Moss Street, Unit 16, New Berlin, NY 13411

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Property Description

Rare opportunity to acquire a well-established investment portfolio consisting of seven residential multi-unit properties located throughout Norwich, Sherburne, and New Berlin. The package includes a diverse mix of 2-unit, 3-unit, and 4-unit buildings, offering investors the benefit of multiple income streams across three desirable City and Village locations. The portfolio maintains a very low actual Vacancy rate, generating annual gross rental income of approximately $218,000 and net income in excess of $125,000. Offered at a capitalization rate of 10.54%, this package provides excellent current cash flow with additional potential through continued professional management, strategic improvements, and future rent growth. Overall property conditions range from average to above average, with some deferred maintenance providing opportunities to further enhance curb appeal, value, and operating performance. Each property is conveniently situated within easy walking distance of local employment, shopping, dining, schools, and other community amenities-locations that help support consistent tenant demand and long-term occupancy. Whether expanding an existing portfolio or making a substantial entry into the multi-family investment market, this offering provides a rare opportunity to acquire multiple income-producing properties in a single purchase. Strong historical occupancy, diversified unit count, desirable locations, and attractive financial performance combine to make this a noteworthy Central New York investment opportunity. Owner Financing is not available. Seller is unable to break package or sell properties individually.

14 Moss Street, Unit 16 | MLS# R1711749

This multi-family property located at 14 Moss Street, Unit 16, New Berlin, NY 13411 is currently listed for sale with an asking price of $1,195,000. Moss Street, Unit 16 is located within the Unadilla Valley school district. Search New Berlin real estate on carissa-lafica.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Electric, Gas, Baseboard, Forced Air, Radiator(s)
Home Style: Other, See Remarks, Duplex, Triplex
Lot Size: 0.50 Acres
Stories: 2.0
Taxes: $28,143
Year Built: 1900

Amenities

Propane Tank - Leased

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 13
Exterior: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulat
Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
Lot: Irregular Lot, Residential Lot
Lot Dimensions: 110X200
Parcel#: 083801-088-110-0002-019-000-0000
Parking: Gravel, Paved
Parking Notes: Gravel, Paved
Sewer: Connected
Units: 19
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Unadilla Valley

Estimate Your Payment

Estimated Payment

$ 5,353.34 per month $2,659.55 Principal & Interest $2,345.25 Property Tax $348.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Upstate NY Properties
Agency Contact: 607-226-8880

Shown By

Agent Name: Carissa LaFica
Agent Phone: (518) 860-0962 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/24/2026. The listing information on this page last changed on 09/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/24/2026 1:01:00 AM EST) or Global MLS (last updated Thu 09/24/2026 12:52:29 AM EST) or New York State Alliance MLS (last updated Thu 09/24/2026 12:59:03 AM EST) or Hudson Valley Catskill Region MLS (last updated Thu 09/24/2026 12:11:17 AM EST) or Berkshire MLS (last updated Wed 09/23/2026 8:13:19 PM EST) or OneKey MLS (last updated Thu 09/24/2026 12:56:26 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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