2 South Avenue, Cortland, NY 13045

Local realty services provided by:ERA Team VP Real Estate
2 South Avenue,Cortland, NY 13045
$169,900
  • 6 Beds
  • 3 Baths
  • 3,456 sq. ft.
  • Multi-family
  • Active
Listed by: loueen rosenbush
Office: berkshire hathaway cny realty
MLS#:S1715608
Source:NY_GENRIS

Price summary

  • Price:$169,900
  • Price per sq. ft.:$49.16

About this home

INVESTOR ALERT — 3-UNIT INCOME OPPORTUNITY IN CORTLAND! Bring your investment vision to this 3-unit property with immediate rental income and significant upside potential. The front 1-bedroom apartment is currently rented for $800/month plus utilities, while the rear 1-bedroom and spacious upstairs 4-bedroom apartment are available for a new owner to lease, providing an opportunity to increase rental income up to $36,000 per year or more. The front 1-bedroom unit features a kitchen, living room and bath and currently rents for $800/month plus utilities. The rear 1-bedroom unit offers a kitchen, living room and bath. The upstairs 4-bedroom unit includes a kitchen, living room and bath. Separate utilities allow tenants to pay their own utility costs. BONUS — ADDITIONAL LOT INCLUDED! The adjoining 37' x 75' lot conveys with the property, providing valuable additional space for parking, play area, gardening or other permitted uses including maybe a tiny home to generate more income....

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Home facts

  • Year built:1964
  • Listing ID #:S1715608
  • Added:1 day(s) ago
  • Updated:September 18, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,456 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1964
  • Building area:3,456 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Triplex
  • Construction Materials:Vinyl Siding
  • Exterior Features:Porch
  • Foundation Description:Stone
  • Levels:2 Stories

Schools

  • High school:Cortland Junior-Senior High
  • Middle school:Other - See Remarks
  • Elementary school:Other - See Remarks

Utilities

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

Finances and disclosures

  • Price:$169,900
  • Price per sq. ft.:$49.16
  • Tax amount:$3,730

Parking

  • Parking description:On Street, Parking Available, Unpaved