72 Groton Avenue Cortland, NY $ 295,900
72 Groton Avenue
$ 295,900
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72 Groton Avenue

Cortland, NY, 13045
$ 295,900
Bedrooms8 Baths2.1 Sq 2,660

Monthly Estimate*

$ 1,846

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Multi-Family Home for sale in Cortland, NY

for $295,900 with 8 bedrooms and 2 full baths, 1 half bath. This 2,660 square foot home was built in 1900 on a lot size of 0.1314.

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.

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Multi-Family Pending

Price

$ 295,900

Bedrooms

8

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,269

Style

MultiFamily

Lot Size

0.1314

Year Built

1900

Town/City

Cortland

County/Region

Cortland

MLS | Web ID

S1614467

Features
General
Heating Gas ForcedAir
Utilities SewerAvailable WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Construction Materials AtticCrawlHatchwaysInsulated VinylSiding
School District Cortland
Year Built 1900
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Cortland
Property Type Residential
Rent Includes AllUtilities
Full Baths 2
Status Pending
City Cortland
Senior Community Y/N No
High School District Cortland
Number Of Units Total 2
MLS Area Cortland-110200
Lot Size Units Acres
Lot Size Square Feet 5723.0
Year Built Details Existing
Tax Annual Amount 9269.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1614467 https://www.propertypanorama.com/instaview-tour/syr/S1614467
Standard Status Pending
Middle/Junior School District Cortland
Elementary School District Cortland
Tax Assessed Value 260000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 33
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Interior
Basement Full
Flooring Hardwood Tile Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Total Bedrooms 8
Below Grade Finished Area 392.0
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Gravel ParkingAvailable TwoOrMoreSpaces
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1314
Building Area Total 2660.0
Lot Dimensions 43X131
Lot Size Acres 0.1314
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 72
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* Excluded Features
List By
The Real Estate Agency

Broker

(315) 506-3695

Phone

Affordability Calculator

$2,618
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,846
Monthly Property Taxes
$772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038306 Elementary School
3038340 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2025$295,900 -7.50% Price Down
6/18/2025$319,900 Listed Price

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72 Groton Avenue, Cortland, NY, 13045 is a Multi-Family Home for sale at $295,900 with 2,660 sqft and a lot size of 0.1314. 72 Groton Avenue has 8 bedrooms, 2.1 baths, and was built in 1900. The property's zip code is 13045 which is in Cortland, NY