Chip Hodgkins
Hunt Real Estate ERA
(680) 220-4529
333 Total Sales
2 in Cortland
$125,000 Price Range
72 Groton Ave Cortland, NY 13045
Cortland Area
8
Beds
2.5
Baths
2,660
Sq Ft
5,723
Sq Ft Lot
Highlights
- Wood Flooring
- Forced Air Heating System
- Rectangular Lot
About This Home
As of May 2026Investment 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.
Last Agent to Sell the Property
Listing by Acropolis Realty Group LLC License #10401389867 Listed on: 06/18/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,269
Year Built
- Built in 1900
Lot Details
- 5,723 Sq Ft Lot
- Lot Dimensions are 43x131
- Rectangular Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,660 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- Parking Available
- Gravel Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes all utilities
- Tax Lot 33
- Assessor Parcel Number 110200-086-049-0004-033-000-0000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2025
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Kirsten Casterline
Acropolis Realty Group LLC
Buyer's Agent
Amy Schenck
Yaman Real Estate
List Price
$319,900
Sold Price
$265,000
Premium/Discount to List
-$54,900
-17.16%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.92%
Purchase Details
Closed on
Oct 21, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
4.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 12, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cortland, NY
-
Chip Hodgkins
-
Terri Starr
Terri Starr
Howard Hanna S Tier Inc
(607) 564-4392
111 Total Sales
21 in Cortland
$93K - $183K Price Range
-
Karina Murphy
Karina Murphy
Yaman Real Estate
(607) 366-9038
119 Total Sales
73 in Cortland
$55K - $376K Price Range
-
Emily Haberek
Emily Haberek
Responds QuicklyColdwell Banker Prime Prop,Inc
(315) 631-1877
48 Total Sales
1 in Cortland
$140,000 Price
-
Kristopher Buchan
Kristopher Buchan
Tompkins Cortland Real Estate
(607) 250-1293
189 Total Sales
59 in Cortland
$40K - $245K Price Range
-
Donna Standish
Donna Standish
Yaman Real Estate
(607) 662-7890
84 Total Sales
20 in Cortland
$100K - $215K Price Range
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,713,115 | None Available | |
| Deed | $108,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,520,000 | Unknown |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | Sold | $265,000 | -10.4% | $100 / Sq Ft |
| 12/17/2025 12/17/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | Price Changed | $295,900 | -7.5% | $111 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $319,900 | -- | $120 / Sq Ft |
Source: Central New York Information Services
Tax 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.
| 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 | $5,994 | $260,000 | $13,000 | $247,000 |
| 2024 | $9,378 | $260,000 | $13,000 | $247,000 |
| 2023 | $9,549 | $176,000 | $9,100 | $166,900 |
| 2022 | $9,455 | $176,000 | $9,100 | $166,900 |
| 2021 | $9,540 | $176,000 | $9,100 | $166,900 |
| 2020 | $5,992 | $176,000 | $9,100 | $166,900 |
| 2019 | $5,864 | $176,000 | $9,100 | $166,900 |
| 2018 | $8,810 | $176,000 | $9,100 | $166,900 |
| 2017 | $8,810 | $176,000 | $9,100 | $166,900 |
| 2016 | $8,810 | $176,000 | $9,100 | $166,900 |
| 2015 | -- | $176,000 | $9,100 | $166,900 |
| 2014 | -- | $176,000 | $9,100 | $166,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kirsten Casterline
K
Seller's Agent in 2026
Kirsten Casterline
Acropolis Realty Group LLC
(315) 604-0718
8 Total Sales
-
Amy Schenck
Buyer's Agent in 2026
Amy Schenck
Yaman Real Estate
(732) 841-7888
26 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1614467
APN: 110200-086-049-0004-033-000-0000
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