NOT LISTED FOR SALE

4 Washington St Cortland, NY 13045

Estimated Value: $212,459

6 Beds
2.5 Baths
2,282 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2025

Last sale price $222,500 $98 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,421 / mo

80 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Rectangular Lot
  • Zoned Heating and Cooling
  • High Speed Internet
  • Carpet

About This Home

As of June 2025

Charming Duplex in Cortland, NY Welcome to this well-maintained duplex offering a lucrative investment opportunity in Cortland, NY. The front unit boasts 3 bedrooms, 1.2 baths, and a spacious open living room/dining room combo and a recently updated kitchen. Meanwhile, the rear unit features 3 bedrooms, 1.5 baths, and an inviting eat-in kitchen. Additional flexibility is found with tenants utilizing a lower-level room as a bedroom. Rental Income: Currently, the front unit rent for $1,100/month, while the rear unit generates $1,700/month, presenting substantial rental income. Each unit includes private laundry facilities, and tenants cover their own utilities, excluding water/sewer. Explore the endless possibilities this property offers, whether as an income generator or a dual-residence investment. Don't miss out on this amazing opportunity.

Last Agent to Sell the Property

Bethany Huey

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-351-3131 License #10401237932 Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1880

Lot Details

  • 3,038 Sq Ft Lot
  • Lot Dimensions are 36x80
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,282 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • F E Smith Elementary School
  • Cortland Junior-Senior High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 86.51-02-03.000

Community Details

Overview

  • Association fees include water
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,990

Year Built

Built in 1880

Lot Details

3,038 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 36X80
  • Road Frontage Type: City Street
  • Directions: From Church St in Cortland, take a right onto Clinton Ave and left onto Washington, the house is on the left.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1880
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-351-3131
  • Special Features: None
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Water
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Varies, Vinyl
  • Living Area: 2282.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt, Architectural, Shingle

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Water

Schools

  • Elementary School: F E Smith
  • Junior High Dist: Cortland
  • High School: Cortland Junior-Senior High
  • Middle Or Junior School: Other - See Remarks

Lot Info

  • Lot Size Sq Ft: 3038.0
  • Parcel #: 86.51-02-03.000

Multi Family

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

Tax Info

  • Tax Annual Amount: 4990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Jun 5, 2025
Sold by
Nobles Andrew M
Bought by
Perrine David Lyman and Lynch Sean Michael
Seller's Agent
Bethany Huey
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Views
1
Current Estimated Value
$212,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,041
Avg. Annual Appreciation
-4.95%
Original Mortgage
$200,250
Outstanding Balance
$199,731
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$12,728

Purchase Details

Closed on
Aug 27, 2021
Sold by
Gfi Properties Llc
Bought by
Nobles Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,915
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Perrine David Lyman $222,500 Stewart Title
Nobles Andrew M $120,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Perrine David Lyman $200,250
Previous Owner Nobles Andrew M $101,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2025 06/12/25 Sold $222,500 -5.3% $98 / Sq Ft
03/24/2025 03/24/25 For Sale $235,000 -- $103 / Sq Ft
Source: Ithaca Board of REALTORS®

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
2025 $3,456 $140,000 $10,000 $130,000
2024 $5,278 $140,000 $10,000 $130,000
2023 $5,206 $95,000 $7,000 $88,000
2022 $4,056 $95,000 $7,000 $88,000
2021 $3,452 $62,000 $7,000 $55,000
2020 $2,232 $62,000 $7,000 $55,000
2019 $2,186 $62,000 $7,000 $55,000
2018 $3,181 $62,000 $7,000 $55,000
2017 $3,181 $62,000 $7,000 $55,000
2016 $3,181 $62,000 $7,000 $55,000
2015 -- $62,000 $7,000 $55,000
2014 -- $62,000 $7,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1595114

APN: 110200-086-051-0002-003-000-0000

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