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Listed price in listed location currency (USD).
$314,900

930

MLS® S1679899

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2370 sqft
Garage 
Taxes $8,199
Days Active 1
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $132
MLS® Number S1679899

Property Address: 19 Water St, Cortland, NY, 13045-2416

Average square foot calculated using Size range provided by listing agent.

Description

This property features two units- Downstairs has 6 bedrooms and 2 full baths - Upstairs is 3/4 bedrooms and 1 bath - for a total of 10 bedrooms and 3 full bathrooms. Currently vacant for the 2025-2026 school year, but the downstairs, all 6 bedrooms are pre-rented for both semesters of 2026-2027 at $3, 800 per student per semester. Excellent turnkey investment opportunity with immediate cash flow. Lockbox is located on the left of the back porch. See Showing Time for code. After 15 years of ownership, the sellers are beginning to sell off their well-maintained student housing portfolio. Each property offers an excellent location close to SUNY Cortland and has a strong, consistent rental history. Units typically rent for $3, 800-$4, 200 per student per semester, with dependable occupancy year after year. Great opportunity to own a proven income-producing property in a high demand market.
MLS® NumberS1679899
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementFull
DrivewayGravel, Two Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$314,900List Price
  • Commute

Commute

Starting Address
Destination Address
19 Water St, Cortland, NY

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