56 Owego Street, Cortland, NY 13045 | MLS S1074698 | Listing Information | CNY Realty

56 Owego Street,  Cortland NY, 13045

(Active)
$129,900
|
3,164 sqft
|
MLS# S1074698
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Last Updated: 9/21/2017 2:13 PM
Description for 56 Owego Street Cortland, NY 13045
Prime student housing! 3-unit that is legal for 8 students! Gross profit rented to students is approx. $48,000.00 per year. Apartment #1 is a 4-bdrm. currently rented to non-student tenants for $950 per month. Apartment #2 is currently rented to non-student tenants for $875 per month. Apartment #3 is currently rented to non-student tenants for $675 per month. Property has recently undergone many renovations. This investment property posts positive cash-flow renting to local tenants and renting to student tenants! Seller's are motivated!
Price
$129,900
Cortland
3,164 (approx)
S1074698
Active
Description
Prime student housing! 3-unit that is legal for 8 students! Gross profit rented to students is approx. $48,000.00 per year. Apartment #1 is a 4-bdrm. currently rented to non-student tenants for $950 per month. Apartment #2 is currently rented to non-student tenants for $875 per month. Apartment #3 is currently rented to non-student tenants for $675 per month. Property has recently undergone many renovations. This investment property posts positive cash-flow renting to local tenants and renting to student tenants! Seller's are motivated!
Listing Information
Property Type: Multi-Family, 2 Story
0.3 Acres 3,164 (approx) 1890
Yes-2 spaces 2
Stone
Water, Public Water Service
Sewer Connected
Circuit Breaker Box, Natural Gas, Water
Neighborhood
School Information
District: Cortland
CORTLAND JUNIOR-SENIOR HIGH
Room Information
Interior Features
Dryer, Refrigerator
Hardwood, Carpet Wall to Wall, Laminate
Gas Heat, Electric Heating
Full
3
Exterior / Lot Features
2 Garage Spaces,
Close to Bus Line
Community Features
Bus Line
Driving Directions
Tompkins to Owego. Property on the right next to the Owego Street Apartments.
Financial Considerations
$6,418
Listing Price History

Cortland Real Estate

Cortland is located in New York. Cortland, New York 13045 has a population of 18,907.

The median household income in Cortland, New York 13045 is $40,229. The median household income for the surrounding county is $48,404 compared to the national median of $53,482. The median age of people living in Cortland 13045 is 26.7 years.

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Courtesy: Jeffrey Guida - Seven Valley Realty, Inc. Jeffrey Guida
The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2017 Central NY MLS. All rights reserved.
Information is deemed reliable but is not guaranteed.

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