200 S Main St Cortland, NY 13045
Estimated payment $433/month
Highlights
- Corner Lot
- Forced Air Heating System
- Carpet
About This Home
4-Unit Investment Property in the City of Cortland – Tons of Potential! This multi-family property offers a fantastic opportunity for investors looking for a winter project or value-add rental. The building features four units, five electric meters, two gas meters, a parking lot, vinyl siding, a storage shed, a full basement, and a solid roof and structure—great bones ready for restoration. Unit Status: Front 1-bedroom unit is currently occupied and cannot be shown. Upper unit has been fully gutted due to a previous fire—start fresh and design it exactly how you want. Two additional units are vacant and in need of repair. With the right vision and rehab work, this property can produce excellent long-term income. A perfect project for the off-season with strong upside potential!
Listing Agent
Listing by Hage Real Estate Brokerage Phone: 607.283.6200 License #10311209965 Listed on: 11/17/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 9,743 Sq Ft Lot
- Lot Dimensions are 85x113
- Corner Lot
- Rectangular Lot
Home Design
- Vinyl Siding
Interior Spaces
- 4,461 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- Common or Shared Parking
- Gravel Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Community Details
- 4 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 110200-096-026-0001-008-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $69,000 | -43.4% | $15 / Sq Ft | |
| 08/25/2014 08/25/14 | Sold | $122,000 | +3.8% | $27 / Sq Ft | View Prior Sale |
| 05/17/2014 05/17/14 | Pending | -- | -- | -- | |
| 05/02/2014 05/02/14 | For Sale | $117,500 | -- | $26 / Sq Ft |
Source: Cortland County Board of REALTORS®
MLS Number: S1651256
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