Dual-unit duplex just steps from SUNY Cortland and downtown—an ideal rental property or starter portfolio asset. The home features 2?BR/1?BA and 3?BR/1?BA units, both fully rented with separately metered utilities and landlord-covered water/sewer. Recently updated heating and low-maintenance systems help streamline operations. Shared driveway provides adequate parking. Priced at $135,000 with a strong 13.3% cap rate and immediate cash flow. Can be sold individually—or bundled with 24–26 South Ave and 35 Clinton St for investors seeking scale and diversification.
For sale
$135,000
16 South Ave, Cortland, NY 13045
5beds
1,940sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
Adequate parkingLow-maintenance systemsShared drivewayRecently updated heating
- 60 days
- on Zillow |
- 256 |
- 12 |
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