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73 Groton Avenue, Unit 69-71, Cortland, NY 13045

$419,900
  • 73 Groton Avenue, Unit 69-71, Cortland, NY 13045 Main Photo

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New to the Market Active
BEDS12 BATHS4 full SQUARE FEET4,155 MLS#S1674189
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCortland

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.

73 Groton Avenue, Unit 69-71 | MLS# S1674189

This multi-family property located at 73 Groton Avenue, Unit 69-71, Cortland, NY 13045 is currently listed for sale with an asking price of $419,900. Groton Avenue, Unit 69-71 is located within the Cortland school district. Search Cortland real estate on www.schillersells.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Heating: Gas, Forced Air
Lot Size: 0.33 Acres
Stories: 2.0
Taxes: $8,199
Year Built: 1900

Feature Descriptions

Appliances: Gas Water Heater
Exterior: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
Flooring: Tile, Varies, Vinyl
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 108X133
Parcel#: 110200-086-057-0001-009-000-0000
Parking: Paved, Parking Available, Two or More Spaces
Parking Notes: Paved, Parking Available, Two or More Spaces
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Cortland

Listed By / Shown By

Listing By

Agency Name: The Real Estate Agency
Agency Phone: 315-604-0718

Shown By

Agent Name: Ryan L. Schiller
Agent Phone: (716) 255-2108 Cell
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 1,740.24 per month $934.52 Principal & Interest $683.25 Property Tax $122.47 Homeowner's Insurance

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