4-Unit Investment Property in the City of Cortland – Tons of Potential! This multi-family property offers a fantastic opportunity for investors looking for a winter project or value-add rental. The building features four units, five electric meters, two gas meters, a parking lot, vinyl siding, a storage shed, a full basement, and a solid roof and structure—great bones ready for restoration. Unit Status: Front 1-bedroom unit is currently occupied and cannot be shown. Upper unit has been fully gutted due to a previous fire—start fresh and design it exactly how you want. Two additional units are vacant and in need of repair. With the right vision and rehab work, this property can produce excellent long-term income. A perfect project for the off-season with strong upside potential!
Property Details
Price:
$69,000
MLS #:
S1651256
Status:
Pending
Beds:
3
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
cortland110200
Listed Date:
Nov 17, 2025
Finished Sq Ft:
4,461
Total Sq Ft:
4,461
Lot Size:
9,743 sqft / 0.22 acres (approx)
Year Built:
1972
Units:
4
See this Listing
Schools
School District:
Cortland
Interior
Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Laminate, Varies
Heating
Gas, Forced Air
Exterior
Construction Materials
Vinyl Siding
Parking Features
Common, Gravel, Two Or More Spaces
Financial
Taxes
$7,480
Map
Community
- Address200 South Main 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
121
Avg DOM
97
Avg $ / SqFt
$250,817
Avg List Price
Property Summary
- 200 South Main Street Cortland NY is a Multi Family for sale in Cortland, NY, 13045. It is listed for $69,000 To schedule a showing of MLS#s1651256 at 200 South Main Street in Cortland, NY, contact your Concrete Jungle Realty agent at 3472420937.
Similar Listings Nearby
Courtesy of Hage Real Estate. 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. 200 South Main Street
Cortland, NY


