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Three-Unit Residential Triplex

114 Lincoln Avenue, Groton, NY 13073

For Sale
New
$240,000

Residential, Groton, NY

Property Size1,900 SF
Lot Size0.20 Acres
Price / SF$126.32
Days on Market6

Property Features for 114 Lincoln Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential Multi Use
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1
Parking features Garage
Interior features BedroomOnMainLevel
Appliances ElectricWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school Groton Elementary
Middle school Groton Middle
High school Groton High
Elementary school district Groton
Middle school district Groton
High school district Groton
Directions Off Route 38/Main St. in the Village of Groton, home on right. GPS works.
Subdivision Groton-Village-502801
Standard status Active
APN 502801-007-000-0004-007-000-0000
Size 1,900 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 4869

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 3
Flooring type Hardwood, Varies, Vinyl, Tile
Building materials VinylSiding, WoodSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Amanda K Ryen-Yowhan · License NY #10301202313
Added: Nov 9 Last Checked: Nov 13 at 11:06PM
MLS# R1724557

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,900-square-foot triplex contains three apartments: one with one bedroom, one with two bedrooms and one with three. The building dates to 1930 and sits on a 0.2041-acre parcel. Interior finishes include hardwood, vinyl and tile flooring, and a garage provides on-site parking. Public water and electric heating serve the property; municipal electric service is also noted.

The property is in Groton, near a bus line, shops and restaurants. Ithaca, Cornell, Dryden and Cortland are identified as commute destinations.

Key Highlights

  • Three apartments with one-, two- and three‑bedroom configurations
  • All three units are currently rented
  • 1,900 square feet on a 0.2041‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 13073, NY

6,190
Population
2,803
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
94%
High-School Grad
55.1 sq mi
ZIP Area
112
Density / Sq Mi
$71,316
Median Household Income
$42,096
Median Earnings
$983
Median Rent
$167,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three apartments are rented, with one-, two- and three-bedroom layouts.
Where is this triplex located?
The property is located at 114 Lincoln Avenue Groton, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three apartments with one-, two- and three‑bedroom configurations; All three units are currently rented; 1,900 square feet on a 0.2041‑acre parcel
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