26 Lincoln Avenue, Cortland, NY 13045
Local realty services provided by:CENTURY 21 North East
Listed by: qizhan yao
Office: realmart realty llc.
MLS#:S1683352
Source:NY_GENRIS
Price summary
- Price:$324,900
- Price per sq. ft.:$95.98
About this home
Established 10 Bed Student housing in Cortland, NY. Issued City of Cortland rental permit. Fully furnished and occupied for the 26-27 season with summer rental income included. Gross Income $66275.00 Expenses $25833.00= Net income $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently installed a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit.
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Home facts
- Year built:1920
- Listing ID #:S1683352
- Added:1 day(s) ago
- Updated:May 20, 2026 at 07:46 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Ceramic Tile, Laminate, Varies
- Basement:Yes
- Basement Description:Full
- Living area:3,385 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Flat, Membrane, Rubber, Shingle
- Year built:1920
- Building area:3,385 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Architectural Style:Triplex
- Construction Materials:Shake Siding
- Exterior Features:Open, Porch
- Foundation Description:Block, Stone
- Levels:2 Stories
Schools
- High school:Cortland Junior-Senior High
- Elementary school:Randall
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$324,900
- Price per sq. ft.:$95.98
- Tax amount:$11,696
Parking
- Parking description:Paved
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