26 Lincoln Avenue

Cortland NY 13045

3385 sq. ft.

8546 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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 $23198.00= Net income $43077.00 . Self managed at a 14.8% 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 install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly.

Features

10 bedrooms

4 bathrooms

3385 sq. ft. floor area

8546 sq. ft. lot size

Multi-Family

Property history for 26 Lincoln Avenue

2021

Sold

$255,000

25 Mar 2021

Happy sellers in Cortland

We have insufficient information to provide an overview of customer satisfaction for Cortland. Viewing the agent profiles, reviews and sales for Cortland can provide insights for this location.