$145,000
$30K PRICE DROP

123 N Main St Cortland, NY 13045

Estimated payment $1,081/month

Total Views 18,168
-- Bed
1.5 Baths
1,570 Sq Ft
$92 Price per Sq Ft

Highlights

  • Property is near public transit
  • Luxury Vinyl Tile Flooring
  • Heating System Uses Gas

About This Home

Charming, move- in- ready, professional office space in the heart of the city of Cortland. Many upgrades were recently made with a newly paved driveway and parking lot offering off street parking for up to 4 cars. Inside there is a reception area, 2 office spaces, restroom and a break room with kitchenette space.
Upstairs offers a 2 room apartment with a full bathroom small kitchen and a private entrance. There is a reliable long term tenant currently in place.
This space would be perfect for a counseling office a massage therapist, or anyone needing an efficient, centrally located, office space with some additional income included from the attached apartment.
For the more ambitious, the building could be restored to a two unit residential house again. Come take a look and let your imagination go!

Listing Agent

Tiffany Bechtold

RE/MAX In Motion License #10401311914 Listed on: 06/30/2025

RE/MAX In Motion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1976

Lot Details

  • 6,257 Sq Ft Lot
  • Lot Dimensions are 41x152
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Basement

  • Dirt Floor
  • Crawl Space

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 110200-086-033-0002-048-000-0000

Community Details

Overview

  • Association fees include common area maintenance, electricity
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1436
  • Lot Size: 41X152
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: GPS can get you here
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1976
  • Special Features: None
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Electricity, Grounds Care, Other, See Remarks
  • Has Basement: Crawl Space, Dirt Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl, Varies
  • Living Area: 1570.0
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot, Near Public Transit, Residential Lot
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Electricity, Other, See Remarks

Schools

  • Elementary School: Other - See Remarks
  • Junior High Dist: Cortland

Lot Info

  • Lot Size Sq Ft: 6257.0
  • Parcel #: 110200-086-033-0002-048-000-0000
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3495.0
  • Tax Lot: 48

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,105 $90,000 $13,700 $76,300
2023 $3,580 $67,000 $19,500 $47,500
2022 $3,553 $67,000 $19,500 $47,500
2021 $3,586 $67,000 $19,500 $47,500
2020 $3,659 $70,400 $19,500 $50,900
2019 $2,301 $70,400 $19,500 $50,900
2018 $3,673 $70,400 $19,500 $50,900
2017 $3,592 $70,400 $19,500 $50,900
2016 $3,525 $70,400 $19,500 $50,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $145,000 -8.8% $92 / Sq Ft
07/13/2025 07/13/25 Price Changed $159,000 -9.1% $101 / Sq Ft
06/30/2025 06/30/25 For Sale $175,000 -- $111 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1618971

APN: 110200-086-033-0002-048-000-0000