5 Sands ST, Cortland, NY 13045
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5 Sands ST, Cortland, NY 13045
5 Sands ST, Cortland, NY 13045
5 Sands ST, Cortland, NY 13045
5 Sands ST, Cortland, NY 13045
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Lori Frieden

Lori Frieden

+1(315) 225-9958
$ 179,919
Est. payment /mo
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Price Dropped by $35K

5 Sands ST Cortland, NY 13045

6 Beds

2 Baths

1,926 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,926 sqft

Price per Sqft $93

MLS Listing ID S1650282

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $5,371

Lot Size 6,730 Sqft

Acres 0.1545

Lot Dimensions 51X132

Property Sub-Type Multi Family

Property 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.

Location

State NY

County Cortland

Area Cortland-110200

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Tile, Varies

Fireplaces Number 1

Fireplace Yes

Appliance Gas Water Heater

Exterior

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Cortland

Others

Senior Community No

Tax ID 110200-086-080-0002-015-000-0000

Acceptable Financing Cash, Conventional, USDA Loan, VA Loan

Listing Terms Cash, Conventional, USDA Loan, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1650282

Listed by The Real Estate Agency

NEARBY SCHOOLS & PROPERTIES

Lori Frieden

Lori Frieden

Lic. RE Salesperson | License ID: 10401265563

+1(315) 225-9958

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