73 Groton AVE #69-71, Cortland, NY 13045
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73 Groton AVE #69-71, Cortland, NY 13045
73 Groton AVE #69-71, Cortland, NY 13045
73 Groton AVE #69-71, Cortland, NY 13045
73 Groton AVE #69-71, Cortland, NY 13045
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CB Faith Ilion Office

CB Faith Ilion Office

+1(315) 574-2260
$ 384,000
Est. payment /mo
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Price Dropped by $35K

73 Groton AVE #69-71 Cortland, NY 13045

12 Beds

4 Baths

4,155 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,155 sqft

Price per Sqft $92

MLS Listing ID S1674189

Bedrooms 12

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $8,199

Lot Size 0.331 Acres

Acres 0.3308

Lot Dimensions 108X133

Property Sub-Type Multi Family

Property Description

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.

Location

State NY

County Cortland

Area Cortland-110200

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Flooring Tile, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Attic/Crawl Hatchway(s) Insulated,Vinyl Siding

Construction Status Existing

Schools

School District Cortland

Others

Senior Community No

Tax ID 110200-086-057-0001-009-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1674189

Listed by The Real Estate Agency

NEARBY SCHOOLS & PROPERTIES

CB Faith Ilion Office

CB Faith Ilion Office

Broker | License ID: 30VI0627417

+1(315) 574-2260

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73 Groton AVE #69-71

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