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Listed price in listed location currency (USD).
$324,900

940

MLS® S1683352

Overview

Key Facts

Type Multi Family
Levels Residential
Size 3385 sqft
Garage 
Taxes $11,696
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $95
MLS® Number S1683352

Property Address: 26 Lincoln Ave, Cortland, NY, 13045-2051

Average square foot calculated using Size range provided by listing agent.

Description

Established 10 Bed Student housing in Cortland, NY. Issued City of Cortland rental permit. Fully furnished and occupied for the 26-27 season with summer rental income included. Gross Income $66275.00 Expenses $25833.00= Net income $40, 442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently installed a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit.
MLS® NumberS1683352
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFull
DrivewayPaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$324,900List Price

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