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3-Unit Triplex with New Roof
New
For Sale
$84,500

48 Cortland Street, Norwich, NY 13815

Residential, Norwich, NY

Property Size2,550 SF
Lot Size0.23 Acres
Price / SF$33.14
Days on Market2

Property Features for 48 Cortland Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 35
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 8, Bedroom 18, Bedroom 12, Bedroom 26, Bedroom 23, Bedroom 4, Bedroom 16, Bedroom 15, Bedroom 31, Bathroom 3, Bedroom 30, Bedroom 2, Bedroom 11, Bedroom 9, Basement, Bedroom 27, Bedroom 13, Bedroom 25, Bedroom 33, Bedroom 6, Bedroom 29, Bedroom 34, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 24, Bedroom 14, Bathroom 2, Bedroom 35, Bathroom 1, Bedroom 19, Bedroom 20, Bedroom 21, Bedroom 32, Bedroom 28, Bedroom 17, Bedroom 10, Bedroom 22
Appliances ElectricWaterHeater
Lot features Corner Lot, Rectangular, Rectangular Lot
Elementary school district Norwich
Middle school district Norwich
High school district Norwich
Directions From North Broad street turn onto Cortland street. property on right. corner of Cortland and Sharon Dr. Parking on Sharon dr
Subdivision Norwich-City-081100
Standard status Active
APN 081100-136-390-0002-034-000-0000
Size 2,550 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 3198

Utilities

Heating system Natural Gas, Hot Water(Heating)
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 3
Flooring type Vinyl, Carpet, Varies
Building materials Frame
Listing Agency: Keller Williams Upstate NY Properties · Keller Williams Realty
Listed By: Patrick S. McNeil · License #30MC0980991
Added: Oct 9 Last Checked: Oct 10 at 11:06PM
MLS# R1720834

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.

Investment Insights

Based on property information with market context.

This 2,550-square-foot triplex contains three vacant units: two with two bedrooms each and one with three bedrooms. The frame building was constructed in 1910 and received a new roof in 2025. The 0.23-acre property has vinyl and carpet flooring, natural gas hot-water heat, and public water.

The building is near downtown Norwich, New York.

Key Highlights

  • Three vacant units: two 2‑bedroom residences and one 3‑bedroom residence
  • New roof installed in 2025
  • 2,550 square feet on a 0.23‑acre lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

737
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - The vacant property has two two-bedroom residences and one three-bedroom residence.
Where is this triplex located?
The property is located at 48 Cortland Street Norwich, NY.
What is the asking price?
The asking price for this property is $84,500.
What are key features of this property?
This property features: Three vacant units: two 2‑bedroom residences and one 3‑bedroom residence; New roof installed in 2025; 2,550 square feet on a 0.23‑acre lot
More about this property
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