16 South Avenue, Cortland, NY 13045
Local realty services provided by:CENTURY 21 Jackson Real Estate
Listed by: heriberto e pezzino
Office: yaman real estate
MLS#:331608
Source:NY_GBAR
Price summary
- Price:$135,000
- Price per sq. ft.:$69.59
About this home
Dual-unit duplex just steps from SUNY Cortland and downtown—an ideal rental property or starter portfolio asset. The home features 2?BR/1?BA and 3?BR/1?BA units, both fully rented with separately metered utilities and landlord-covered water/sewer. Recently updated heating and low-maintenance systems help streamline operations. Shared driveway provides adequate parking. Priced at $135,000 with a strong 13.3% cap rate and immediate cash flow. Can be sold individually—or bundled with 24–26 South Ave and 35 Clinton St for investors seeking scale and diversification.
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Home facts
- Year built:1890
- Listing ID #:331608
- Added:171 day(s) ago
- Updated:December 13, 2025 at 03:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,940 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1890
- Building area:1,940 sq. ft.
Schools
- Elementary school:Barry, F E Smith, Randall
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$69.59
- Tax amount:$2,885
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