26 Lincoln Avenue, Cortland, NY 13045

Save Tour This Home Share This Home

New - 20 Hours Ago

22 Total Photos [Click to View All]

10 Beds 4 Baths 0 Partial Bath 3,385 Sq Ft 0.20 Acres

Call / Map Listing / Print / Share / Email

Property Description

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 installed a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit.

26 Lincoln Avenue | MLS# S1683352

This multi-family property located at 26 Lincoln Avenue, Cortland, NY 13045 is currently listed for sale with an asking price of $324,900. Lincoln Avenue is located within the Cortland school district. Search Cortland real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple

Basement: Full

Cooling: Window Unit(s)

Fireplaces: 1

Heating: Gas, Forced Air

Home Style: Triplex

Lot Size: 0.20 Acres

Roof Type: Asphalt, Flat, Membrane, Rubber, Shingle

Stories: 2.0

Taxes: $11,696

Year Built: 1920

Amenities

Other

See Remarks

Feature Descriptions

Appliances: Gas Water Heater

Exterior: Shake Siding

Flooring: Carpet, Ceramic Tile, Laminate, Varies

Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Lot Dimensions: 65X129

Parcel#: 110200-086-050-0001-024-000-0000

Parking: Paved

Parking Notes: Paved

Patio/Porch: Open, Porch

Sewer: Connected

Units: 3

Utilities: Electricity Connected, Sewer Connected, Water Connected

Water: Connected, Public

Local Schools

High School: Cortland Junior-Senior High

Elementary School: Randall

School District: Cortland

Estimate Your Payment

Estimated Payment

$ 1,792.52 per month $723.09 Principal & Interest $974.67 Property Tax $94.76 Homeowner's Insurance

Change Payment Information

Demographics

Listed By / Shown By

Listing By

Agency Name: Realmart Realty LLC
Agency Phone: 888-362-6543

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

26 Lincoln Avenue, Cortland, NY 13045

Tour This Home

TOUR
HOME

May 22
May 23
May 24
May 25
May 26
May 27
May 28
May 29
May 30
May 31
Jun 1
Jun 2
Jun 3
Jun 4
Jun 5

Save Share This Home

SHARE THIS HOME