Student Housing Investment
For Sale
$384,000
73 Groton Avenue 69-71, Cortland, NY 13045
Student housing near SUNY Cortland with upside potential.
Property Size4,155 SF
Days on Market150
Property Features for 73 Groton Avenue 69-71
General Information
Standard status
Active
Size
4,155 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,199
Building Details
Building Size
4,155 SF
Year Built
1900
Listing Agency:
The Real Estate Agency
Listed By:
Matthew Chalanick · License #10371200877
(315) 604-0718
Source:
Griffith-realty
Added: Apr 16
Changed: Sep 11
Last Checked: Sep 11 at 3:19PM
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. 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.
Key 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,117
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
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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 73 Groton Avenue 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.
