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.
Listing Broker has an ownership interest.
Property Details
Price:
$332,900
MLS #:
S1614476
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
cortland110200
Listed Date:
Jun 18, 2025
Finished Sq Ft:
2,370
Total Sq Ft:
2,370
Lot Size:
4,942 sqft / 0.11 acres (approx)
Year Built:
1880
Units:
2
See this Listing
Schools
School District:
Cortland
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Tile, Varies, Vinyl
Heating
Gas, Forced Air
Exterior
Construction Materials
Attic Crawl Hatchways Insulated, Vinyl Siding
Parking Features
Gravel, Two Or More Spaces
Financial
Taxes
$8,199
Map
Community
- Address19 Water Street Cortland NY
- CityCortland
- CountyCortland
- Zip Code13045
Subdivisions in Cortland
Market Summary
Current real estate data for Multi Family in Cortland as of Mar 08, 2026
24
Multi Family Listed
120
Avg DOM
97
Avg $ / SqFt
$250,817
Avg List Price
Property Summary
- 19 Water Street Cortland NY is a Multi Family for sale in Cortland, NY, 13045. It is listed for $332,900 To schedule a showing of MLS#s1614476 at 19 Water Street in Cortland, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of The Real Estate Agency. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 19 Water Street
Cortland, NY



