Great student housing (12 apartments, 36 bedrooms grossing over $200,000/year) built mid-90's located across from SUNY Cortland. High income potential, always rented and never any vacancies. Also includes a commercial rental hair salon. Has an overall cap rate 11. All financials available to qualified buyers.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 211 Tompkins Street, Cortland, NY 13045 is currently for sale.
211 Tompkins Street, Cortland is listed for $1,248,000.
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