Active
26 Lincoln Avenue, Cortland NY 13045
MLS# S1683352
$324,900
Price
10
Beds
4
Baths
3,385
Living Area (Sq.Ft.)
0.196
Lot Area (Acres)
$324,900
Price
10
Beds
4
Baths
3,385
Living Area (Sq.Ft.)
0.196
Lot Area (Acres)
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 install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
110200-086-050-0001-024-000-0000
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
Assessor
Lot Size Dimensions
65X129
Stories
2
Bath Rooms Full
4
Property Condition
Resale
Elementary School
Randall
Elementary School District
Cortland
Middle Or Junior School District
Cortland
High School
Cortland Junior-Senior High
High School District
Cortland
Location
Listing Agent
Qizhan Yao
Listing Office
Realmart Realty LLC
Owner Name
--
Owner Phone
--
Possession
BeforeClosing,RentalAgreement
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveAgency
Listing Service
LimitedService
Listing Contract Date
2026-05-20
Owner Pays
Gas, Grounds Care, Snow Removal, Trash Collection
Rent Includes
Common Area Maintenance, Snow Removal, Trash Collection
Gross Income
66275
Net Operating Income
28746
Fire Places Total
1
Interior Features
Other, See Remarks
Flooring
Carpet, Ceramic Tile, Laminate, Varies
Fire Place
true
Cooling
true
Cooling Features
WindowUnits
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Triplex
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt, Flat, Membrane, Rubber, Shingle
Utilities
Electricity Connected, Sewer Connected, Water Connected
Parking Features
Paved
Foundation Details
Block,Stone
Basement
Full
Construction Materials
Shake Siding
Patio And Porch Features
Open, Porch
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.