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26 Lincoln Ave
Cortland, NY 13045
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Desirable location
- Spacious units
- Updated kitchens
- Solid student rental history
Executive Summary
Turnkey student housing in the heart of Cortland, New York! This building is established housing fully leased forthe 2025-2026 school year at $52,700, and leasing is underway for 2026-2027 (one unit left to fill). Summers are open, allowing for additional rental income. Students enjoy a convenient location blocks from campus and downtown, updated units, spacious bedrooms and private parking. Owner recently installed a new furnace, two new hot water heaters, and new laundry facilities. This one is turnkey- take over and enjoy the benefits of the Cortland student housing market.
Property Facts
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+2 | 1 | $2,500 | - |
| 3+1 | 1 | $3,600 | - |
| 1+1 | 1 | $4,150 | - |
Property Taxes
| Parcel Number | 110200-086-050-0001-024-000-0000 | Improvements Assessment | $288,700 |
| Land Assessment | $16,300 | Total Assessment | $305,000 |
Property Taxes
Parcel Number
110200-086-050-0001-024-000-0000
Land Assessment
$16,300
Improvements Assessment
$288,700
Total Assessment
$305,000
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