Login

19 Water Street, Cortland, NY 13045

Cortland
Local realty services provided by:CENTURY 21 Turner Brokers
19 Water Street,Cortland, NY 13045
$314,900
Virtual Tour
  • 9 Beds
  • 3 Baths
  • 2,370 sq. ft.
  • Multi-family
  • Active
Listed by: matthew chalanick
Office: the real estate agency
MLS#:S1679899
Source:NY_GENRIS

Price summary

  • Price:$314,900
  • Price per sq. ft.:$132.87

About this home

This property features two units- Downstairs has 6 bedrooms and 2 full baths - Upstairs is 3/4 bedrooms and 1 bath - for a total of 10 bedrooms and 3 full bathrooms. Currently vacant for the 2025-2026 school year, but the downstairs, all 6 bedrooms are pre-rented for both semesters of 2026-2027 at $3,800 per student per semester. Excellent turnkey investment opportunity with immediate cash flow. Lockbox is located on the left of the back porch. See Showing Time for code. After 15 years of ownership, the sellers are beginning to sell off their well-maintained student housing portfolio. Each property offers an excellent location close to SUNY Cortland and has a strong, consistent rental history. Units typically rent for $3,800-$4,200 per student per semester, with dependable occupancy year after year. Great opportunity to own a proven income-producing property in a high demand market.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1880
  • Listing ID #:S1679899
  • Added:127 day(s) ago
  • Updated:September 12, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Tile, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,370 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1880
  • Building area:2,370 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Corner Lot, Rectangular
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$314,900
  • Price per sq. ft.:$132.87
  • Tax amount:$8,199

Parking

  • Parking description:Gravel Driveway

New listings near 19 Water Street