16 South Avenue, Cortland, NY 13045

Local realty services provided by:CENTURY 21 Jackson Real Estate
16 South Avenue,Cortland, NY 13045
$135,000
  • 4 Beds
  • 2 Baths
  • 1,940 sq. ft.
  • Multi-family
  • Active
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