5 Sands St Cortland, NY 13045
Property Features for 5 Sands St
General Information
- Property type
- Multi Family
- Standard status
- Pending
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1910
Source:
Elliman
Listing Agent: Kirsten Casterline
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Student Housing Investment Opportunity
This property presents an investment opportunity in student housing near SUNY Cortland. It offers potential for value appreciation and increased cash flow in the consistently strong Cortland student housing market, driven by SUNY Cortland's robust enrollment. The property is located within walking distance to campus, in a sought-after area for off-campus living. The university is planning a new residence hall for 2026-2028, intended to replace existing West Campus apartments, which should maintain demand for off-campus housing. This property is poised for significant returns for seasoned investors or first-time buyers seeking a high-potential income property. Listing Broker has an ownership interest.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Cortland
- County
- Cortland
- State
- New York
- Longitude
- -76.1897671
- Latitude
- 42.5924025
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Student housing near SUNY Cortland with upside potential.
Where is this multifamily property located?
The property is located at 5 Sands St Cortland, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: - Prime location: Walking distance to SUNY Cortland campus, highly desirable for off-campus student living.; - Strong investment potential: Opportunity to capitalize on the consistently strong SUNY Cortland student rental market.; - Upside potential: Significant room for value appreciation and increased cash flow.
