26 Lincoln AVE, Cortland, NY 13045
26 Lincoln AVE, Cortland, NY 13045
26 Lincoln AVE, Cortland, NY 13045
26 Lincoln AVE, Cortland, NY 13045
26 Lincoln AVE, Cortland, NY 13045
26 Lincoln AVE, Cortland, NY 13045
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Damaris Rivera

Damaris Rivera

+1(585) 754-3821
$ 324,900
Est. payment | /mo

10 Beds

4 Baths

3,385 SqFt

Save Virtual Tour
$ 324,900
Est. payment | /mo
Save Virtual Tour

10 Beds

4 Baths

3,385 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,385 sqft

Price per Sqft $95

MLS Listing ID S1683352

Style Triplex

Bedrooms 10

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $11,696

Lot Size 8,546 Sqft

Acres 0.1962

Lot Dimensions 65X129

Property Sub-Type Multi Family

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!

Location

State NY

County Cortland

Area Cortland-110200

Direction North Route 81

Rooms

Basement Full

Interior

Interior Features Other, See Remarks

Heating Gas, Forced Air

Cooling Window Unit(s)

Flooring Carpet, Ceramic Tile, Laminate, Varies

Fireplaces Number 1

Fireplace Yes

Appliance Gas Water Heater

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Flat,Membrane,Rubber,Shingle

Porch Open, Porch

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Block, Stone

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Level or Stories Two

Structure Type Shake Siding

Construction Status Existing

Schools

Elementary Schools Randall

High Schools Cortland Junior-Senior High

School District Cortland

Others

Senior Community No

Tax ID 110200-086-050-0001-024-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1683352

Listed by Realmart Realty LLC

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker | License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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26 Lincoln AVE