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73 Groton Ave, Unit 69-71 Cortland, NY 13045

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For Sale
$419,900

Student housing near SUNY Cortland with upside potential.

Lot size:
0.33 Acres

Property Features for 73 Groton Ave

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.33 Acres

Building Details

Year built
1900

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Listing Contact
Kirsten Casterline
Source: Elliman

Listing Agent: Kirsten Casterline

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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, offering a steady tenant pool for well-managed properties. The university is planning a new residence hall for 2026-2028, intended to replace existing West Campus apartments, which is not expected to significantly increase overall on-campus capacity. This property is poised for significant returns, suitable for both seasoned investors and first-time buyers seeking a high-potential income property.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Cortland
County
Cortland
State
New York
Longitude
-76.1867194
Latitude
42.6010918

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 73 Groton Ave, Unit 69-71 Cortland, NY.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: - Investment opportunity: Student housing near SUNY Cortland.; - Significant upside potential for value appreciation and increased cash flow.; - Strong Cortland student housing market driven by SUNY Cortland's robust enrollment.
More about this property
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