Located in the City of Cortland, this investment property features two separate buildings with a total of six apartments and 15 bedrooms, offering strong income potential for the right buyer. With a desirable multi-unit setup and ample rental capacity, the property presents an excellent opportunity for investors looking to expand their portfolio or take on a value-add project. Conveniently situated close to downtown Cortland, local shops, and restaurants, this property has the potential to become a solid long-term investment with improvements and modernization.
Property Details
Price:
$229,900
MLS #:
S1682938
Status:
Active
Beds:
2
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
cortland110200
Listed Date:
May 19, 2026
Finished Sq Ft:
5,652
Total Sq Ft:
5,652
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
6
See this Listing
Schools
School District:
Cortland
Interior
Appliances
Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Flooring
Hardwood, Varies
Heating
Electric, Gas, Baseboard, Forced Air
Interior Features
Ceiling Fans
Levels
Two
Exterior
Community Features
None
Construction Materials
Wood Siding
Exterior Features
Blacktop Driveway
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Three Or More Spaces, No Garage
Roof
Asphalt
Stories
2
Financial
Taxes
$8,182
Map
Community
- Address20 & 20.5 Charles Street Cortland NY
- CityCortland
- CountyCortland
- Zip Code13045
Subdivisions in Cortland
Market Summary
Current real estate data for Multi Family in Cortland as of Sep 05, 2026
23
Multi Family Listed
93
Avg DOM
103
Avg $ / SqFt
$338,044
Avg List Price
Property Summary
- 20 & 20.5 Charles Street Cortland NY is a Multi Family for sale in Cortland, NY, 13045. It is listed for $229,900
Similar Listings Nearby
Courtesy of Berkshire Hathaway HomeServices Heritage Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 20 & 20.5 Charles Street
Cortland, NY