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70 Tompkins Street

Cortland, NY 13045
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$1,200,000 $5,059/Mo
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Bed 20

Bed

Bath 7

Bath

SqFt6,782

Sqft

Acres0.50

Acre(Lot)

SUNY Cortland Off-Campus Student Housing Investment Opportunity. Exceptional opportunity to acquire a fully leased, high-performing student housing asset in the heart of Cortland's premier off-campus student housing district. This approximately 5,000-square-foot property features 20 bedrooms, 7 bathrooms, and 28 on-site parking spaces, offering an ideal combination of size, location, and proven rental performance. Currently 100% leased for the 2026-2027 academic year, the property serves as housing for one of SUNY Cortland's fraternities and has enjoyed a long-standing history of repeat tenancy from the same organization year after year. Its established occupancy and consistent rental history provide investors with dependable cash flow and strong long-term investment potential. Ownershi p has made extensive capital improvements throughout the property, significantly enhancing both its functionality and overall condition. Recent updates include renovated kitchen countertops and finishes, new flooring throughout, fresh interior and exterior paint, a new boiler, new hot water heater, electrical system upgrades, complete first-, second-, and third-floor renovations, four fully renovated bathrooms, and numerous additional building improvements. Ideally located just a short walk from both SUNY Cortland and downtown Cortland, this turnkey investment is positioned in one of the city's most sought-after student housing locations. With strong historical occupancy, substantial recent improvements, and a proven leasing track record, this property represents a rare opportunity to acquire a stabilized student housing asset in a consistently high-demand market.

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Detail Ic Property Details

Property Type : Residential

Price : $1,200,000

AD Id : 88058362

MLS Id : S1698356

Beds : 20

Lot Size : 0.50 Acre

Living Area Size : 6,782

Year Built : 1900

Garage : 4

County : Cortland

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Feature Features

  • Bedroom Information

    Total beds: 20

    Bathroom Information

    Total Baths: 7 Full Baths: 6 Half Baths: 1

    Room Information

    Rooms Total: 24 Has Basement: Yes Basement: Full

  • Flooring Information

    Hardwood, Varies

  • Interior Features

    Eat-in Kitchen, Granite Counters Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer Laundry Features: Main Level

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas

  • Building Information

    Year Built: 1900 Building Area Total: 6782 Construction Materials: Cedar Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 70X307 Main Square Feet: 0.5005 Acres Lot Size Acres: 0.5005 Lot Size Square Feet: 21801 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $1200000 Cash, Conventional

  • Tax Information

    Parcel Number: 110200-086-073-0001-012-000-0000 Tax Lot: 12 Annual Tax: $16880

  • Utility Information

    Sewer Connected, Water Connected

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
37 Sunnyfield Drive, Cortland, NY, 13045 $196,000 3 1 1,289 1,289 SqFt
36 Fox Hollow Road, Cortland, NY, 13045 $149,900 3 2 1,183 1,183 SqFt
98 E Court Street, Cortland, NY, 13045 $157,900 3 2 1,410 1,410 SqFt
200 Clinton Avenue, Cortland, NY, 13045 $225,000 2 2 1,234 1,234 SqFt
164 Central Avenue, Cortland, NY, 13045 $169,900 3 2 1,656 1,656 SqFt
9 Venette Street, Cortland, NY, 13045 $159,900 4 2 1,344 1,344 SqFt
32 N Church Street, Cortland, NY, 13045 $249,900 4 2 2,102 2,102 SqFt
20 & 20.5 Charles Street, Cortland, NY, 13045 $249,000 2 -- 5,652 5,652 SqFt
18 Stewart Place, Cortland, NY, 13045 $215,000 2 2 1,510 1,510 SqFt
13 Harrington Avenue, Cortland, NY, 13045 $159,000 3 2 1,576 1,576 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 07/18/2026 @ 10:40

MLS: S1698356 LISTED BY: Jason Hage, Hage Real Estate 607-753-6766 SOURCE: Central New York Information Services

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