2 South Avenue
Cortland, NY 13045
6
Bed
3
Bath
3,456Sqft
0.05Acre(Lot)
INVESTOR ALERT — 3-UNIT INCOME OPPORTUNITY IN CORTLAND! Bring your investment vision to this 3-unit property with immediate rental income and significant upside potential. The front 1-bedroom apartment is currently rented for $800/month plus utilities, while the rear 1-bedroom and spacious upstairs 4-bedroom apartment are available for a new owner to lease, providing an opportunity to increase rental income up to $36,000 per year or more. The front 1-bedroom unit features a kitchen, living room and bath and currently rents for $800/month plus utilities. The rear 1-bedroom unit offers a kitchen, living room and bath. The upstairs 4-bedroom unit includes a kitchen, living room and bath. Separate utilities allow tenants to pay their own utility costs. BONUS — ADDITIONAL LOT INCLUDED! The a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Hardwood, Laminate, Varies, Vinyl -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air
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Building Information
Year Built: 1964 Building Area Total: 3456 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No
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Lot Information
Lot Dimensions: 47X50 Main Square Feet: 0.0541 Acres Lot Size Acres: 0.0541 Lot Size Square Feet: 2355 Lot Description: Near Public Transit, Rectangular Lot
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Listing Price Information
Listing Price: $169900 Cash, Conventional, Owner Will Carry
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Tax Information
Parcel Number: 110200-086-082-0001-027-000-0000 Tax Lot: 27 Annual Tax: $3730
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Parking Information
Other, On Street, See Remarks, Unpaved
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School Information
Elementary School: Other - See RemarksJunior High School: Other - See RemarksSenior High School: Cortland Junior-Senior High -
Utility Information
Cable Available, Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: Second building on the right after Main St. Extra lot is to the left of the building for parking. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 55 Hubbard Street, Cortland, NY, 13045 | $80,000 | 5 | 2 | 2,126 | 0.18 Acre |
| 105 Pendleton Street, Cortland, NY, 13045 | $165,000 | 6 | 2 | 2,336 | 0.12 Acre |
| 51 N Church Street, Cortland, NY, 13045 | $219,000 | 6 | 2 | 2,944 | 0.14 Acre |
| 9 Winter Street, Cortland, NY, 13045 | $187,500 | 8 | 3 | 1,948 | 0.20 Acre |
| 24 Reynolds Avenue, Cortland, NY, 13045 | $259,000 | 4 | 3 | 1,720 | -- |
| 22 Reynolds Avenue, Cortland, NY, 13045 | $190,000 | 6 | 2 | 1,773 | -- |
| 20 Reynolds Avenue, Cortland, NY, 13045 | $234,900 | 6 | 4 | 2,900 | 0.21 Acre |
| 31 Clayton Avenue, Cortland, NY, 13045 | $399,900 | 12 | 3 | 2,652 | 0.16 Acre |
| 6 Winter Street, Cortland, NY, 13045 | $137,500 | 4 | 2 | 1,460 | 0.10 Acre |
| 6 Monroe Street, Cortland, NY, 13045 | $535,000 | 15 | 3 | 3,974 | 0.22 Acre |
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Nearby For Sale
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ByOwner last updated this listing 09/23/2026 @ 18:15
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