Student Housing Investment
For Sale
$239,900
26 Owego St, Cortland, NY 13045
Student housing near SUNY Cortland with upside potential.
Property Size2,337 SF
Lot Size0.27 Acres
Days on Market164
Property Features for 26 Owego St
General Information
Standard status
Active
Size
2,337 SF
Lot size
0.27 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,595
Building Details
Building Size
2,337 SF
Year Built
1900
Units
2
Listing Agency:
The Real Estate Agency
(315) 506-3695
Listed By:
Kirsten Casterline · License #10371200877
(315) 506-3695
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 21 at 12:08PM
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 within the consistently strong Cortland student housing market, driven by SUNY Cortland's enrollment. The property is located within walking distance to campus, in a sought-after area for off-campus living. SUNY Cortland 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, thereby maintaining demand for off-campus housing. This property is poised for significant returns for both seasoned and first-time investors looking for a high-potential income property. The listing broker has an ownership interest.
Key Highlights
- Investment opportunity: Student housing near SUNY Cortland.
- Significant upside potential for value appreciation and increased cash flow.
- Walking distance to campus in a sought‑after off‑campus living area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 13045, NY
28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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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 26 Owego 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: Investment opportunity: Student housing near SUNY Cortland.; Significant upside potential for value appreciation and increased cash flow.; Walking distance to campus in a sought‑after off‑campus living area.
