19 Water Street
Cortland, NY, 13045
$314,900
9 Beds
3 Baths
2,370 SqFt
0.11 Acres
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MLS #S1679899 image #0
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 after year. Great opportunity to own a proven income-producing property in a high demand market.

Property Details

Price:
$314,900
MLS #:
S1679899
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
cortland110200
Listed Date:
May 7, 2026
Finished Sq Ft:
2,370
Total Sq Ft:
2,370
Lot Size:
4,942 sqft / 0.11 acres (approx)
Year Built:
1880
Units:
2
Cortland-110200Cortland110200Cortland

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Schools

School District:
Cortland

Interior

Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Tile, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two

Exterior

Construction Materials
Attic Crawl Hatchways Insulated, Vinyl Siding
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Parking Features
Gravel, Two Or More Spaces
Stories
2

Financial

Taxes
$8,199

Map

Community

Market Summary

Current real estate data for Multi Family in Cortland as of Jun 08, 2026
25
Multi Family Listed
124
Avg DOM
104
Avg $ / SqFt
$356,504
Avg List Price

Property Summary

    19 Water Street Cortland NY is a Multi Family for sale in Cortland, NY, 13045. It is listed for $314,900 To schedule a showing of MLS#s1679899 at 19 Water Street in Cortland, NY, contact your Concrete Jungle Realty agent at 3472420937.

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