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Student Housing Investment Opportunity

73 Groton Ave 69-71, Cortland, NY 13045

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For Sale

$384,000

Student housing near SUNY Cortland with upside potential.

Type:Multi Family

HighLights

Investment opportunity in the consistently strong SUNY Cortland student housing market.
Walking distance to SUNY Cortland campus in a sought‑after off‑campus living area.
Significant upside potential for value appreciation and increased cash flow.
SUNY Cortland's new residence hall (2026‑2028) is intended to replace existing apartments, maintaining off‑campus housing demand.
Steady tenant pool ensured by SUNY Cortland's robust enrollment.
High walk score (81) indicating the property is very walkable.

We can help!

Listing Contact

Matthew Chalanick

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For Sale

$384,000

Student housing near SUNY Cortland with upside potential.

Type:Multi Family

Added:: Apr 26, 2026
Days on Market:: 49
Last Refresh:: Apr 26 at 11:47 pm

Property Features for 73 Groton Ave 69-71

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1900

We can help!

Listing Contact

Matthew Chalanick

Listing agent Matthew Chalanick License #10371200877

Listing office The Real Estate Agency

Listing date Apr 26, 2026

Source Elliman

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

HighLights

Investment opportunity in the consistently strong SUNY Cortland student housing market.
Walking distance to SUNY Cortland campus in a sought‑after off‑campus living area.
Significant upside potential for value appreciation and increased cash flow.
SUNY Cortland's new residence hall (2026‑2028) is intended to replace existing apartments, maintaining off‑campus housing demand.
Steady tenant pool ensured by SUNY Cortland's robust enrollment.
High walk score (81) indicating the property is very walkable.

Overview

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 due to SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, which maintains a healthy demand for off-campus housing. The property has a bike score of 56, indicating it is bikeable, and a walk score of 81, meaning it is very walkable. This offering is poised for significant returns for seasoned investors looking to expand their portfolio or first-time buyers seeking a high-potential income property.

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Local Demand

City: Cortland
County: Cortland
State: New York
Longitude: -76.1867194
Latitude: 42.6010918

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For sale
Multifamily properties
NY
Cortland
13045
73 Groton Ave 69-71

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 69-71 Cortland, NY.

What is the asking price?

The asking price for this property is $384,000.

What are key features of this property?

This property features: Investment opportunity in the consistently strong SUNY Cortland student housing market.; Walking distance to SUNY Cortland campus in a sought‑after off‑campus living area.; Significant upside potential for value appreciation and increased cash flow.