About 73 Groton Avenue # 69-71
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.
Features of 73 Groton Avenue # 69-71
MLS® # | S1614465 |
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Price | $443,900 |
Bedrooms | 12 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 4,155 |
Square Footage | 14411 |
Acres | 0.33 |
Year Built | 1900 |
Type | Residential |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 73 Groton Avenue # 69-71 |
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Area | Cortland |
City | Cortland |
County | Cortland |
State | NY |
Zip Code | 13045 |
Amenities
Utilities | Sewer Connected, Water Connected, All Utilities |
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Features | Rectangular, Rectangular Lot, Residential Lot |
Parking | Paved, Parking Available, Two or More Spaces |
Garages | Paved, Parking Available, Two or More Spaces |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Tile, Varies, Vinyl |
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Appliances | Gas Water Heater |
Heating | Gas, Forced Air |
Fireplace | No |
# of Stories | 2 |
Stories | 2 |
Has Basement | Yes |
Basement | Partial |
Exterior
Exterior | Attic/Crawl Hatchway(s) Insulated, Vinyl Siding |
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Lot Description | Rectangular, Rectangular Lot, Residential Lot |
Construction | Attic/Crawl Hatchway(s) Insulated, Vinyl Siding |
School Information
District | Cortland |
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Additional Information
Short Sale | No |
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RE / Bank Owned | No |
Listing Details
Office | The Real Estate Agency |
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