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96 Groton Street
Cortland, New York NY 13045
Price: $4,450,000
Listing ID S1384143
Status Active
SqFt 1,762
Acres 0.157
Year Built 1918

Property Description:

re you looking to make a great return on your money with upside potential? This investment student housing package is for you. 80% of the bedrooms are already rented for the 2022-2023 school year. These properties are well-maintained with the majority of them recently updated. There are 11 parcels, 13 two-four family dwellings ranging from 2 to 8 bedroom unit with 26 total units and 98 bedrooms. The properties are located at 63, 66, 69, 71, 72, 96 Groton Ave, 31 Clayton Ave, 26 Owego Street, 22 Frank Street, 5 Sands Street, and 19 Water Street.

Primary Features

County: Cortland
Property Sub Type: Multi Family
Property Type: Residential
Subdivision: Thomas Seaney Lands
Year Built: 1918


Year Built Details: Existing


Appliances: Gas Water Heater
Basement: Full
Fireplace: yes
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
Furnished: Furnished
Heating: yes
Heating Type: Gas, Baseboard, Hot Water
Levels: Two
Living Area: 1762
Stories: 2
Stories Total: 2


Construction Materials: Stucco, Vinyl Siding, Wood Siding
Foundation Details: Block
Garage: yes
Garage Spaces: 2
Lot Features: Residential Lot
Lot Size Area: 0.1568
Lot Size Dimensions: 56X120
Lot Size Square Feet: 6830
Number Of Separate Electric Meters: 13
Number Of Separate Gas Meters: 13
Number Of Units In Community: 2
Number Of Units Total: 13
Parking Features: Paved, Parking Available
Road Frontage Type: City Street, Main Thoroughfare
Roof: Metal, Shingle
Sewer: Connected
Utilities: Sewer Connected, Water Connected
Water Source: Connected, Public


City: Cortland
Elementary School District: Cortland
High School District: Cortland
Middle Or Junior School District: Cortland
MLS Area Major: Cortland-110200
Township: Not Applicable
Waterfront: no


Listing Terms: Cash, Conventional, FHA, VA Loan
Net Operating Income: -89933
Operating Expense Includes: Licenses
Owner Pays: All Utilities, Grounds Care, Snow Removal, Water
Possession: Close Of Escrow
Rent Includes: All Utilities, Common Area Maintenance, Gardener, Snow Removal, Water
Special Listing Conditions: Standard
Tax Annual Amount: 89933
Tax Assessed Value: 120000
Tax Lot: 54

Zoning Info


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Yaman Real Estate

185 Clinton Avenue
Cortland, NY 13045
Phone: 607-753-9644

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