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Five-Unit Apartment Building
For Sale
$164,900

41 Cortland Street, Norwich, NY 13815

A mix of one- and two-bedroom apartments is complemented by off-street parking.

Property Size3,062 SF
Price / SF$53.85
Days on Market11

Property Features for 41 Cortland Street

General Information

Standard status Active
Size 3,062 SF
Total Parking Spaces 5
Property subtype Multi Family Home

Units

Unit Mix 4 x 1BR, 1 x 2BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $4,094

Amenities

Gravel Driveway

Building Details

Building Size 3,062 SF
Year Built 1890
Stories 2
Units 5
Listing Agency: Howard Hanna
Listed By: Karen E. Cammarata, ABR, RSPS GRI · License #10301200644
Source: Geneseeriverrealty
Added: Oct 16 Changed: Oct 25 Last Checked: Oct 23 at 2:12PM

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 Howard Hanna

Rey
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Investment Insights

Based on property information with market context.

This 3,062-square-foot apartment building contains five units: four one-bedroom apartments and one two-bedroom apartment. The property has five bathrooms, upgraded interiors, and newer windows designed to support energy efficiency. Built in 1890, the building offers a straightforward multifamily configuration.

Off-street parking accommodates five cars. The property is on Cortland Street in Norwich, close to downtown shopping, restaurants, and a hospital.

Key Highlights

  • Five apartments: four one‑bedroom units and one two‑bedroom unit
  • 3,062 square feet with five bathrooms
  • Off‑street parking for 5 cars

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 13815, NY

13,063
Population
6,445
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
90%
High-School Grad
108.2 sq mi
ZIP Area
121
Density / Sq Mi
$59,757
Median Household Income
$39,776
Median Earnings
$835
Median Rent
$127,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of one- and two-bedroom apartments is complemented by off-street parking.
Where is this apartment building located?
The property is located at 41 Cortland Street Norwich, NY.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Five apartments: four one‑bedroom units and one two‑bedroom unit; 3,062 square feet with five bathrooms; Off‑street parking for 5 cars
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