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19 Water Street

Cortland, NY 13045
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Bed 9

Bed

Bath 3

Bath

SqFt2,370

Sqft

Acres0.11

Acre(Lot)

This property features two units- Downstairs has 6 bedrooms and 2 full baths - Upstairs is 3/4 bedrooms and 1 bath - for a total of 10 bedrooms and 3 full bathrooms. Currently vacant for the 2025-2026 school year, but the downstairs, all 6 bedrooms are pre-rented for both semesters of 2026-2027 at $3,800 per student per semester. Excellent turnkey investment opportunity with immediate cash flow. Lockbox is located on the left of the back porch. See Showing Time for code. After 15 years of ownership, the sellers are beginning to sell off their well-maintained student housing portfolio. Each property offers an excellent location close to SUNY Cortland and has a strong, consistent rental history. Units typically rent for $3,800-$4,200 per student per semester, with dependable occupancy year a fter year. Great opportunity to own a proven income-producing property in a high demand market.

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Detail Ic Property Details

Property Type : Residential

Price : $314,900

AD Id : 78249258

MLS Id : S1679899

Beds : 9

Lot Size : 0.11 Acre

Living Area Size : 2,370

Year Built : 1880

County : Cortland

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Tile, Varies, Vinyl
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1880 Building Area Total: 2370 Construction Materials: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 57X86 Main Square Feet: 0.1135 Acres Lot Size Acres: 0.1135 Lot Size Square Feet: 4942 Lot Description: Corner Lot, Rectangular Lot

  • Listing Price Information

    Listing Price: $314900 Cash

  • Tax Information

    Parcel Number: 110200-086-080-0002-044-000-0000 Tax Lot: 44 Annual Tax: $8199

  • 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
94 Elm Street, Cortland, NY, 13045 $159,000 5 2 1,880 1,880 SqFt
55 Hubbard Street, Cortland, NY, 13045 $95,000 5 2 2,126 2,126 SqFt
105 Pendleton Street, Cortland, NY, 13045 $165,000 6 2 2,336 2,336 SqFt
41 Greenbush Street, Cortland, NY, 13045 $189,900 7 3 3,052 3,052 SqFt
23-25 Rickard Street, Cortland, NY, 13045 $169,000 6 2 2,528 2,528 SqFt
2 South Avenue, Cortland, NY, 13045 $185,000 6 3 3,456 3,456 SqFt
13 Pine Street, Cortland, NY, 13045 $189,900 4 2 2,164 2,164 SqFt
20 Scammell Street, Cortland, NY, 13045 $224,900 5 3 1,938 1,938 SqFt
20 Argyle Place, Cortland, NY, 13045 $225,000 4 3 2,974 2,974 SqFt
24 Reynolds Avenue, Cortland, NY, 13045 $259,000 4 3 1,720 1,720 SqFt

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 06/21/2026 @ 12:36

MLS: S1679899 LISTED BY: Matthew Chalanick, The Real Estate Agency 315-604-0718 SOURCE: Central New York Information Services

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