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    Cortland Multifamily Investment Opportunity

    20 & 20.5 Charles Street Cortland, NY 13045

    Claim this Listing
    For Sale
    $249,000

    MULTI_FAMILY - Cortland, NY

    Property size:
    5,652 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $44/SF
    Added:
    May 19, 2026
    Days on Market:
    55
    Last Refresh:
    Jul 12 at 6:06 am

    Property Features for 20 & 20.5 Charles Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Rooms
    Bedroom 2, Bedroom 1, Basement
    Parking features
    Garage
    Interior features
    CeilingFans
    Exterior features
    BlacktopDriveway
    Appliances
    ElectricOven, ElectricRange, GasOven, GasRange, GasWaterHeater, Refrigerator
    Standard status
    Active
    APN
    110200-086-050-0002-035-000-0000
    Size
    5,652 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8182

    Utilities

    Heating system
    Baseboard, Electric (Heating), Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Hardwood, Varies
    Building materials
    WoodSiding
    Roof type
    Asphalt

    Listing agent Melissa Skodzinsky License #30SK0987831

    Listing office Berkshire Hathaway HomeServices Heritage Realty 7 James St. Dana Decker, Homer, NY

    Listing date May 19, 2026

    MLS# S1682938 Listing URL

    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.

    Located in the City of Cortland, this investment property features two separate buildings with a total of six apartments and 15 bedrooms. The property, situated on a 0.13-acre lot, offers strong income potential. The property has 5,652 square feet of space. With a desirable multi-unit setup and ample rental capacity, the property presents an excellent opportunity for investors looking to expand their portfolio or take on a value-add project. Conveniently situated close to downtown Cortland, local shops, and restaurants, this property has the potential to become a solid long-term investment with improvements and modernization.

    Key Highlights

    • Investment property in the City of Cortland with two separate buildings totaling six apartments
    • 15 bedrooms across six apartments, offering ample rental capacity
    • Year built: 1900

    Property Analytics

    Location Intelligence

    Current Use by Public Records

    Apartment buildings

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with six apartments near downtown Cortland.
    Where is this apartment building located?
    The property is located at 20 & 20.5 Charles Street Cortland, NY.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Investment property in the City of Cortland with two separate buildings totaling six apartments; 15 bedrooms across six apartments, offering ample rental capacity; Year built: 1900
    Contact an agent
    (607) 227-2863
    We can help!
    Contact an agent
    Melissa Skodzinsky
    Melissa Skodzinsky
    Real Estate License ID: 30SK0987831
    Learn More
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