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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

    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.
    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#: S1614467MLS LogoOriginating MLS: Syracuse
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 72 Groton Ave.

    Next available tour time:Today at 11am

    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

    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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