$295,900

96 Groton Avenue, Cortland, NY 13045

  • 8 beds |
  • 2 baths |
  • 3,471 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon7,575sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $85/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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.

Listing Status:
Active
Date Added:
June 18, 2025 at 05:00AM
Listing Office:
The Real Estate Agency : 315-604-0718
Listing Agent:
Kirsten Casterline : 315-506-3695
MLS ID:
S1614470
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: HardwoodVariesVinyl
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: PavedParking AvailableTwo or More Spaces
  • General: Attic/Crawl Hatchway(s) InsulatedWood Siding3
  • Road/Access: City Street
  • Originating MLS: NYS_S
  • School District: Cortland
  • County: Cortland
  • Zoning: 110200-086-049-0004-043-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Kirsten Casterline, The Real Estate Agency

Monthly Payment

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

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Location

Schools Nearby

F

Fe Smith Intermediate School

33 Wheeler Ave, Cortland, NY, 13045

Grades 3-4

0.76 miles away

C

Cortland Junior High School

S Valley View Dr, Cortland, NY, 13045

Grades 7-8

1.13 miles away

C

Cortland High School

8 Valley View Dr, Cortland, NY, 13045

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.