26 Lincoln Avenue, Cortland, NY 13045

Cortland
Local realty services provided by:Team VP Real Estate
26 Lincoln Avenue,Cortland, NY 13045
$324,900
Virtual Tour
  • 10 Beds
  • 4 Baths
  • 3,385 sq. ft.
  • Multi-family
  • Active
Listed by: qizhan yao
Office: realmart realty llc.
MLS#:S1683352
Source:NY_GENRIS

Price summary

  • Price:$324,900
  • Price per sq. ft.:$95.98

About this home

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!

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Home facts

  • Year built:1920
  • Listing ID #:S1683352
  • Added:43 day(s) ago
  • Updated:July 01, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Ceramic Tile, Laminate, Varies
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,385 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Flat, Membrane, Rubber, Shingle
  • Year built:1920
  • Building area:3,385 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Triplex
  • Construction Materials:Shake Siding
  • Exterior Features:Open, Porch
  • Foundation Description:Block, Stone
  • Levels:2 Stories

Schools

  • High school:Cortland Junior-Senior High
  • Elementary school:Randall

Utilities

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

Finances and disclosures

  • Price:$324,900
  • Price per sq. ft.:$95.98
  • Tax amount:$11,696

Parking

  • Parking description:Paved

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