Turnkey Student Housing Investment Opportunity in High-Demand Area! This highly sought-after multifamily property has been a staple in student housing since the 1980s, offering consistent occupancy and strong rental income. Meticulously maintained and updated, the property features high-end kitchens with quartz countertops, premium finishes, and modern appliances?an attractive bonus for tenants seeking style and functionality. Recent updates include a newly expanded parking lot to accommodate more vehicles, boosting tenant convenience and appeal. Newer high-efficiency boilers ensure energy savings and long-term operational cost control. Security and ease of management are top-tier, with keyless entry systems and security cameras throughout, offering peace of mind for both tenants and owners. Coded for 21 occupants, this property is a prime opportunity for investors looking for a well-established, income-producing asset with all the modern amenities and systems in place. Some fall occupants are already in place.
Features
21 bedrooms
7647 sq. ft. floor area
crop_free10370 sq. ft. lot size
cottageOther
Property history for 36 Lincoln Avenue
2023
Sold
$700,000
29 Dec 2023 by Steven Cinquanti, of Yaman Commercial Industrial
Happy sellers in Cortland
85%
sentiment_very_satisfied
85% of sellers in Cortland reported that their sale price either exceeded or met their price expectations.
Cortland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Cortland over the last 12 months.
Local market activity for 21 bedroom other properties in Cortland
Sold
For Sale
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