$443,900
$36K PRICE DROP

73 Groton Ave Unit 69-71 Cortland, NY 13045

Estimated payment $3,083/month

Total Views 23,886
12 Beds
4 Baths
4,155 Sq Ft
$107 Price per Sq Ft

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Rectangular Lot

About This Home

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.

Listing Agent

Kirsten Casterline

Listing by The Real Estate Agency License #10401389867 Listed on: 06/18/2025

The Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,199

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 108x133
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,155 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 110200-086-057-0001-009-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,199

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1900
  • Unit: 69-71
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Tile, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3308
  • Waterfront: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding

Garage/Parking

  • Parking Features: Paved, Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland

Lot Info

  • Parcel Number: 110200-086-057-0001-009-000-0000
  • Lot Dimensions: 108X133
  • Lot Size Sq Ft: 14411.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8199.0
  • Tax Lot: 9

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

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $443,900 -7.5% $107 / Sq Ft
06/18/2025 06/18/25 For Sale $479,900 -- $115 / Sq Ft
Source: Central New York Information Services

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Source: Central New York Information Services

MLS Number: S1614465

Central New York Information Services
New York Cortland County Cortland 13045

73 Groton Ave Unit 69-71, Cortland, NY

This home is located at 73 Groton Ave Unit 69-71, Cortland, NY 13045 and is currently priced at $443,900, approximately $106 per square foot. This property was built in 1900. 73 Groton Ave Unit 69-71 is a home located in Cortland County with nearby schools including Alton B Parker School, Cortland High School, and St. Mary's School.

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Nearby Homes
Listing Agent
Kirsten Casterline
Section Image
The Real Estate Agency
(607) 318-1944