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.
For sale
$319,900
72 Groton Ave, Cortland, NY 13045
8beds
2,660sqft
Multi Family
Built in 1900
-- sqft lot
$300,200 Zestimate®
$120/sqft
$-- HOA
What's special
- 42 days
- on Zillow |
- 148 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 09:43am
Listing by:
The Real Estate Agency 315-604-0718,
Kirsten Casterline 315-506-3695
Source: NYSAMLSs,MLS#: S1614467
Originating MLS: Syracuse

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,660
- Total interior livable area: 2,660 sqft
- Finished area below ground: 392
Video & virtual tour
Property
Parking
- Parking features: Gravel, Parking Available, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,723.78 Square Feet
- Dimensions: 43 x 131
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 11020008604900040330000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Water: Connected, Public
- Utilities for property: Sewer Available, Water Connected
Community & HOA
Location
- Region: Cortland
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $260,000
- Annual tax amount: $9,269
- Date on market: 6/18/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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