31 Clayton Avenue, Cortland, NY

$399,900

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12

Beds

3

Baths

2,652

Square feet

0.16

Acres

About 31 Clayton Avenue

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 31 Clayton Avenue

MLS® # S1686878
Price $399,900
Bedrooms 12
Bathrooms 3.00
Full Baths 3
Square Footage 2,652
Square Footage 7092
Acres 0.16
Year Built 1900
Type Residential
Sub-Type Multi Family
Status Active

Community Information

Address 31 Clayton Avenue
Area Cortland
City Cortland
County Cortland
State NY
Zip Code 13045

Amenities

Utilities Sewer Connected, Water Connected, All Utilities, Gardener, Snow Removal, Water
Features Rectangular, Rectangular Lot, Residential Lot
Parking Paved, Two or More Spaces
Garages Paved, Two or More Spaces
Is Waterfront No
Has Pool No

Interior

Interior Hardwood, Tile, Varies, Vinyl
Appliances Gas Water Heater
Heating Gas, Forced Air
Fireplace No
# of Stories 2
Stories 2
Has Basement Yes
Basement Full

Exterior

Exterior Vinyl Siding
Lot Description Rectangular, Rectangular Lot, Residential Lot
Construction Vinyl Siding

School Information

District Cortland

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Real Estate Agency

Listing Map

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