Pending

72 Groton Avenue

Cortland, NY 13045

$295,900 $1,247/Mo

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Overview

Bed

Bath

2,660

Sqft

0.13

Acre(Lot)

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.

Property Details

Property Type : Residential Income

Price : $295,900

AD Id : 65409597

MLS Id : S1614467

Beds : 8

Lot Size : 0.13 Acre

Living Area Size : 2,660

Year Built : 1900

County : Cortland

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Hardwood, Tile, Varies, Vinyl
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air

Building Information

Year Built: 1900 Building Area Total: 2660 Construction Materials: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 43X131 Main Square Feet: 0.1314 Acres Lot Size Acres: 0.1314 Lot Size Square Feet: 5723 Lot Description: Rectangular Lot

Listing Price Information

Listing Price: $295900 Original Price: $319900 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 110200-086-049-0004-033-000-0000 Tax Lot: 33 Annual Tax: $9269

Virtual Tour

Virtual Tour (External Link)

Parking Information

Gravel

Utility Information

Sewer Available, 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

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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 06/14/2026 @ 09:13

MLS: S1614467 LISTED BY: Kirsten Casterline, The Real Estate Agency 315-604-0718 SOURCE: Central New York Information Services