Student Housing Investment
5 Sands St Cortland, NY 13045
For Sale
$215,900
Student housing near SUNY Cortland with upside potential.
Lot Size0.15 Acres
Days on Market142
Property Features for 5 Sands St
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
Multi Family
Building Details
Year Built
1910
Listing Agency:
The Real Estate Agency
(315) 506-3695
Listed By:
Kirsten Casterline · License #10371200877
(315) 506-3695
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Jul 28 at 10:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Agency
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 $215,900.
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.
