Marathon, NY 13803,2 Cortland ST
Marathon, NY 13803,2 Cortland ST
Marathon, NY 13803,2 Cortland ST
Marathon, NY 13803,2 Cortland ST
Marathon, NY 13803,2 Cortland ST
Marathon, NY 13803,2 Cortland ST
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$240,000

$249,999

4.0%
Est.Price: ?

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Est. payment /mo

11,520 SqFt


SOLD DATE : 02/27/2024

Key Details

Sold Price $240,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 11,520 sqft

Price per Sqft $20

MLS Listing ID S1482971

Sold Date 02/27/24

Construction Status Existing

HOA Y/N No

Year Built 1889

Annual Tax Amount $10,175

Lot Size 3,127 Sqft

Acres 0.0718

Lot Dimensions 34X92

Property Description

The historic Tarbell Building, located in the Village of Marathon, NY, was constructed in the Queen Anne style in 1885. Well maintained and preserved, owning this piece of history is a viable investment located on the Corner of Cortland Street and Main Street and just seconds from Interstate 81 North and South. The Marathon exit on I-81 is a simple on and off with lodging, gas, and restaurants. Historically this building was a trading post with a restaurant and inn. The building grosses over $50,000 a year and has been transformed into 6 units that include the commercial space on the 1st floor and 5 apartment units (3 one bedrooms and 2 two bedrooms) on the 2nd and 3rd floor. The commercial space has a garage bay, rear entrance, and front entrance. The building boasts character throughout, offers on-site and on-street parking, has plenty of storage, and is ready for the next owner to carry it through into the next phase of its existence. Don't miss out on this investment opportunity.

Location

State NY

County Cortland

Area Marathon-Village-113401

Zoning COM1

Direction Route 81 to Marathon exit, follow Cortland Road to the corner of Main and Cortland, building is on your left.

Rooms

Basement Full, Storage Space

Interior

Heating Electric, Baseboard

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Built-Up,Pitched,Tar/Gravel

Total Parking Spaces 8

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status Existing

Schools

School District Marathon

Others

Tax ID 113401-158-017-0002-004-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Berkshire Hathaway HomeServices Heritage Realty • 607.423.4719
Bought with Berkshire Hathaway HomeServices Heritage Realty

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Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

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