$188,000
$195,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
3 Baths
3,164 SqFt
SOLD DATE : 12/18/2023
Key Details
Sold Price $188,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,164 sqft
Price per Sqft $59
MLS Listing ID R1500166
Sold Date 12/18/23
Bedrooms 9
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1890
Annual Tax Amount $5,135
Lot Size 0.298 Acres
Acres 0.2982
Lot Dimensions 74X176
Property Description
This Cortland, NY multi-family property offers a lucrative investment opportunity. Comprising three units, this well-maintained property blends historic charm with modern convenience. Ample off-street parking and separate utility meters for each unit. Conveniently located near schools, parks, and transportation options. Cortland's strong rental market and stable income history make this property an ideal investment. Current rent rates have room for growth, especially with the possibility of attracting student renters. Are you new to building your investment portfolio? Consider residing in one unit while leasing out the other two. Are you an experienced investor? Both options promise a healthy cash flow. Secure your piece of Cortland's real estate market with this income-generating property.
Location
State NY
County Cortland
Area Cortland-110200
Direction In Cortland, Tompkins St to Owego St. #56 will be on the right. GPS works.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Hardwood, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 2.0
Utilities Available Sewer Connected, Water Connected
Garage Yes
Building
Lot Description Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Steel Siding,Vinyl Siding
Construction Status Existing
Schools
School District Cortland
Others
Tax ID 110200-086-081-0002-016-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Constantino Realty Group
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Licensed Associate Real Estate Broker | License ID: 10301221928