112 Groton Avenue Cortland, NY 13045
MULTI_FAMILY - Cortland, NY
- Added:
- Jun 1, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 112 Groton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 42
- Rooms
- Bedroom 2, Bedroom 11, Bedroom 4, Bedroom 20, Bedroom 39, Bedroom 19, Bedroom 31, Bedroom 3, Bedroom 30, Bedroom 8, Bedroom 41, Bedroom 28, Bedroom 14, Bedroom 34, Bedroom 27, Bedroom 9, Bedroom 6, Bedroom 15, Bedroom 5, Bedroom 38, Bedroom 36, Bedroom 1, Bedroom 35, Basement, Bedroom 16, Bedroom 37, Bedroom 42, Bedroom 24, Bedroom 29, Bedroom 17, Bedroom 21, Bedroom 10, Bedroom 25, Bedroom 18, Bedroom 26, Bedroom 22, Bedroom 40, Bedroom 7, Bedroom 23, Bedroom 13, Bedroom 12, Bedroom 33, Bedroom 32
- Parking features
- Driveway, Garage
- Patio and Porch features
- Deck, Porch
- Interior features
- CeilingFans, Storage
- Exterior features
- BlacktopDriveway, Deck
- Appliances
- ExhaustFan, ElectricOven, ElectricRange, GasWaterHeater, Microwave, Refrigerator, RangeHood
- Standard status
- Active
- APN
- 110200-086-049-0004-050-000-0000
- Size
- 11,520 SF
- Lot size
- 1.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 46182
Utilities
- Heating system
- Natural Gas, Hot Water(Heating), Radiant
- Water source
- Public
Building Details
- Year built
- 2009
- Floors in Building
- 2
- Number of units
- 14
- Flooring type
- Vinyl, Tile, Carpet, Varies
- Building materials
- Frame, VinylSiding
- Roof type
- Asphalt, Shingle
- Additional Structures
- Storage
Listing agent Dana Decker License #10491206226 (607) 423-4719
Listing office Berkshire Hathaway HomeServices Heritage Realty 7 James St. Dana Decker, Homer, NY (607) 428-0708
Listing date Jun 1, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is positioned for student housing demand, described as a short distance from SUNY Cortland and the shops, restaurants, and amenities of downtown Cortland. Residents have access to five common laundry areas with coin-operated machines included in the sale, and the site offers 42 on-site parking spaces with maintained striping and lighting. The offering is noted as professionally managed, with a total of 42 bedrooms and potential to expand to 44 bedrooms, and a stated cap rate exceeding 7%.
For buyers considering a 1031 exchange, the property is presented as a fully established, income-producing apartment building with an operational setup already in place.
Key Highlights
- 14‑unit student housing investment property with 42 bedrooms; potential to expand to 44 bedrooms
- Centerpiece 10‑unit building constructed in 2009 with ten 3‑bedroom apartments
- Two additional structures built between 2014 and 2015: a side‑by‑side duplex (3BR/1.5BA) plus two more 3‑bedroom units and a rental office
