72 Groton Avenue Cortland, NY 13045
Listing by: NYS ALLIANCE / The Real Estate Agency

  72 Groton Avenue Cortland, NY 13045

Active (30 Days)
$295,900
8
BED
2.1
BATH
2,660
SQFT

Description

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns.

Listing Broker has an ownership interest.

MLS #:
S1614467
Taxes
$9,269
Lot Size
5,723 SQFT
Type
Multifamily
Year Built
1900
School District
Cortland
County
Cortland County

Listed By

Kirsten Casterline, The Real Estate Agency
Source
NYS ALLIANCE
Last checked Sep 3 2025 at 7:33 AM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
Lot Information
  • Residential Lot
  • Rectangular
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Forced Air
Basement Information
  • Full
Flooring
  • Varies
  • Vinyl
  • Hardwood
  • Tile
Utility Information
  • Utilities: Sewer Available, Water Source: Public, Water Connected, Water Source: Connected
Parking
  • Gravel
  • Parking Available
Stories
  • 2
Living Area
  • 2,660 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 05, 2025
Price Changed
$295,900
-8%
-24,000
Jun 18, 2025
Original Price
$319,900
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Warren Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/3/25 00:33