96 Groton Ave Cortland, NY 13045
Property Features for 96 Groton Ave
General Information
- Property type
- Multi Family
- Standard status
- Pending
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1972
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. The property is located within walking distance to campus in a sought-after area for off-campus living. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment, presenting a chance for investors to acquire a well-situated asset with room for value appreciation and increased cash flow. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity, which maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This offering is poised for significant returns for seasoned investors looking to expand their portfolio or first-time buyers seeking a high-potential income property.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Cortland
- County
- Cortland
- State
- New York
- Longitude
- -76.1884514
- Latitude
- 42.6012584
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 96 Groton Ave Cortland, NY.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: - Prime Investment Opportunity: Student housing near SUNY Cortland with significant upside potential.; - Walking distance to SUNY Cortland campus in a sought-after off-campus living area.; - Strong and consistent demand in the Cortland student housing market due to robust SUNY Cortland enrollment.
