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Cortland Multifamily Investment Opportunity

20 & 20.5 Charles Street, Cortland, NY 13045

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For Sale

$249,000

MULTI_FAMILY - Cortland, NY

Property size:

5,652 SF

Lot size:

0.13 Acres

Price / SF:

$44/SF

We can help!

Contact an agent

Melissa Skodzinsky

Real Estate License ID: 30SK0987831

HighLights

Investment property in the City of Cortland with two separate buildings totaling 6 apartments and 15 bedrooms
Year built 1900, wood siding construction with an asphalt roof
Hardwood flooring plus other flooring types throughout the home(s)
Heating includes electric, natural gas, forced air, and baseboard systems
Appliances include electric and gas ovens/ranges, a gas water heater, and a refrigerator
Garage parking and blacktop driveway; public water supply

Learn more

For Sale

$249,000

MULTI_FAMILY - Cortland, NY

Property size:

5,652 SF

Lot size:

0.13 Acres

Price / SF:

$44/SF

Added:: May 19, 2026
Days on Market:: 49
Last Refresh:: Jul 6 at 12:06 pm

Property Features for 20 & 20.5 Charles Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 2
Rooms: Bedroom 2, Basement, Bedroom 1
Parking features: Garage
Interior features: CeilingFans
Exterior features: BlacktopDriveway
Appliances: ElectricOven, ElectricRange, GasOven, GasRange, GasWaterHeater, Refrigerator
Standard status: Active
APN: 110200-086-050-0002-035-000-0000
Size: 5,652 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Annual Amount: 8182

Utilities

Heating system: Electric (Heating), Forced Air, Natural Gas, Baseboard
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2
Number of units: 6
Flooring type: Hardwood, Varies
Building materials: WoodSiding
Roof type: Asphalt

We can help!

Contact an agent

Melissa Skodzinsky

Listing agent Melissa Skodzinsky License #30SK0987831

Listing office Berkshire Hathaway HomeServices Heritage Realty 7 James St. Dana Decker, Homer, NY

Listing date May 19, 2026

MLS# S1682938 Listing URL

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.

HighLights

Investment property in the City of Cortland with two separate buildings totaling 6 apartments and 15 bedrooms
Year built 1900, wood siding construction with an asphalt roof
Hardwood flooring plus other flooring types throughout the home(s)
Heating includes electric, natural gas, forced air, and baseboard systems
Appliances include electric and gas ovens/ranges, a gas water heater, and a refrigerator
Garage parking and blacktop driveway; public water supply

Overview

Located in the City of Cortland, this investment property features two separate buildings with a total of six apartments and 15 bedrooms. The property, situated on a 0.13-acre lot, offers strong income potential. The property has 5,652 square feet of space. With a desirable multi-unit setup and ample rental capacity, the property presents an excellent opportunity for investors looking to expand their portfolio or take on a value-add project. Conveniently situated close to downtown Cortland, local shops, and restaurants, this property has the potential to become a solid long-term investment with improvements and modernization.

Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Cortland
County: Cortland
State: New York
Longitude: -76.179702
Latitude: 42.603125

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For sale
Apartment buildings
NY
Cortland
13045
20 & 20.5 Charles Street

What type of property is this?

Apartment building - Two buildings with six apartments near downtown Cortland.

Where is this apartment building located?

The property is located at 20 & 20.5 Charles Street Cortland, NY.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: Investment property in the City of Cortland with two separate buildings totaling 6 apartments and 15 bedrooms; Year built 1900, wood siding construction with an asphalt roof; Hardwood flooring plus other flooring types throughout the home(s)

20 & 20.5 Charles Street, Cortland, NY 13045

MULTI_FAMILY - Cortland, NY

Property Features for 20 & 20.5 Charles Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

14-Unit Student Housing Investment

Profitable Virgil Property with Multiple Streams

ADA Compliant Medical Office Building

Duplex with Breezeway

Cortland Triplex with Extra Lot

Cortland Duplex: Investment or Owner-Occupancy

Charming Cortland City Duplex

Well-Maintained Duplex in Cortland, NY

Well-Maintained Duplex on Quiet Street

Student Housing Triplex with Parking

Cortland Duplex with Ample Parking

Three-Unit Residential Income Property

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