112 Groton Avenue, Cortland, NY 13045

Local realty services provided by:ERA Team VP Real Estate
112 Groton Avenue,Cortland, NY 13045
$2,950,000
  • 42 Beds
  • - Baths
  • 11,520 sq. ft.
  • Multi-family
  • Active
Listed by: dana decker
Office: berkshire hathaway homeservices heritage realty
MLS#:S1686697
Source:NY_GENRIS

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$256.08

About this home

Welcome to 112 Groton Avenue, Cortland, NY. Exceptional opportunity to acquire a well-maintained 14-unit investment property in a prime location just a short distance from SUNY Cortland and the shops, restaurants, and amenities of downtown Cortland. This professionally managed student housing portfolio offers a total of 42 bedrooms with potential to expand to 44 bedrooms, making it an attractive addition to an investor's portfolio. The centerpiece of the property is a 10-unit building constructed in 2009, featuring ten spacious three-bedroom apartments. Each unit offers a functional floor plan with large living rooms, eat-in kitchens with dining areas, generously sized bedrooms, and full bathrooms equipped with double-sink vanities. Built-in closet shelving systems provide added convenience and storage throughout. Complementing the main building are two additional structures built between 2014 and 2015. One is a side-by-side duplex, each unit offering three bedrooms, one and a half...

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Home facts

  • Year built:2009
  • Listing ID #:S1686697
  • Added:6 day(s) ago
  • Updated:June 10, 2026 at 12:40 AM

Rooms and interior

  • Bedrooms:42
  • Flooring:Carpet, Ceramic Tile, Varies, Vinyl
  • Kitchen Description:Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Partial, Walk Up Access
  • Living area:11,520 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water, Radiant

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:2009
  • Building area:11,520 sq. ft.
  • Lot area:1.16 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Frame, Vinyl Siding
  • Exterior Features:Deck, Open, Porch
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$256.08
  • Tax amount:$46,182

Features and amenities

  • Appliances:Microwave, Range Hood, Refrigerator
  • Laundry features:Common Area
  • Amenities:Deck, Furnished, Storage

Parking

  • Parking description:Driveway, Garage, One Space
  • Garage:Yes
  • Garage spaces:1