$324,900

26 Lincoln Avenue, Cortland, NY 13045

  • 10 beds |
  • 4 baths |
  • 3,385 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon8,546sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Established 10 Bed Student housing in Cortland, NY. Issued City of Cortland rental permit. Fully furnished and occupied for the 26-27 season with summer rental income included. Gross Income $66275.00 Expenses $25833.00= Net income $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!

Listing Status:
Active
Date Added:
May 20, 2026
Data Last Updated:
May 25, 2026 at 4:16AM
Listing Office:
Realmart Realty LLC : 888-362-6543
Listing Agent:
Qizhan Yao : 888-362-6543
MLS ID:
S1683352
  • General: OtherSee Remarks
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetCeramic TileLaminateVaries
  • A/C: Window Unit(s)
  • Heating: GasForced Air
  • Fireplace: FireplaceFireplaces: 1
  • Eco/Green Feature: HVAC
  • Style: Triplex
  • Other Structures: PorchOpen
  • Parking: Paved
  • Roofing: AsphaltFlatMembraneRubberShingle
  • General: Shake Siding2BlockStone
  • Road/Access: City Street
  • Originating MLS: NYS_S
  • School District: Cortland
  • County: Cortland
  • Zoning: 110200-086-050-0001-024-000-0000
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Qizhan Yao , Realmart Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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