Turnkey Student Housing Investment Opportunity in High-Demand Area! This highly sought-after multifamily property has been a staple in student housing since the 1980s, offering consistent occupancy and strong rental income. Meticulously maintained and updated, the property features high-end kitchens with quartz countertops, premium finishes, and modern appliances—an attractive bonus for tenants seeking style and functionality. Recent updates include a newly expanded parking lot to accommodate more vehicles, boosting tenant convenience and appeal. Newer high-efficiency boilers ensure energy savings and long-term operational cost control. Security and ease of management are top-tier, with keyless entry systems and security cameras throughout, offering peace of mind for both tenants and owners. Coded for 21 occupants, this property is a prime opportunity for investors looking for a well-established, income-producing asset with all the modern amenities and systems in place. Some fall occupants are already in place.
Property Details
Price:
$829,000
MLS #:
S1594899
Status:
Active
Beds:
21
Baths:
0
Address:
36 Lincoln Avenue
Type:
Single Family
Subtype:
RoomingHouse
Neighborhood:
Cortland-110200
City:
Cortland
Listed Date:
Mar 26, 2025
State:
NY
Finished Sq Ft:
7,647
Total Sq Ft:
7,647
ZIP:
13045
Lot Size:
10,370 sqft / 0.24 acres (approx)
Year Built:
1900
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Schools
School District:
Cortland
Interior
Appliances
Electric Water Heater, See Remarks
Flooring
Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies
Heating
Gas, Baseboard, Hot Water
Laundry Features
Coin Operated
Exterior
Community Features
Laundry Facilities
Construction Materials
Brick, Vinyl Siding
Exterior Features
Blacktop Driveway
Parking Features
Three Or More Spaces, Driveway, No Garage, Shared Driveway
Roof
Asphalt, Metal, Shingle
Financial
Taxes
$23,152
Map
Community
- Address36 Lincoln Avenue Cortland NY
- CityCortland
- CountyCortland
- Zip Code13045
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Listing courtesy of Berkshire Hathaway HomeServices Heritage Realty,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 4:41:17 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 4:41:17 pm.
36 Lincoln Avenue
Cortland, NY
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