Income-Producing Three-Unit
For Sale
$184,900
Pending
810 State Route 222, Cortland, NY 13045
Three-unit property with immediate income potential near Cortland Airport.
Property Size2,695 SF
Lot Size2.24 Acres
Days on Market143
Property Features for 810 State Route 222
General Information
Standard status
Pending
Size
2,695 SF
Lot size
2.24 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,035
Building Details
Building Size
2,695 SF
Year Built
1900
Stories
2
Units
3
Listed By:
Tara Wetherell
(704) 241-8799
Source:
Elliman
Added: Apr 26
Changed: Sep 4
Last Checked: Sep 15 at 9:21AM
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 Tara Wetherell
Investment Insights
Based on property information with market context.
This well-maintained property features two separate structures, offering immediate income potential with long-term tenants. The first structure is a two-story single-family home with 2 bedrooms and 1.5 baths, including a back deck. The second structure is a duplex building with an upstairs unit featuring 2 bedrooms and 1 bath, and a downstairs unit with 1 bedroom and 1 bath. Each unit has separate utilities, which may simplify property management. The property includes ample off-street parking and a 1-car garage assigned to one of the units. Situated on 2.24 acres, the property offers space, privacy, and flexibility. It is located near the Cortland County Airport, with an easy commute to Cortland, Groton, and Ithaca. The bike score is 26, indicating it is somewhat bikeable, while the walk score is 3, suggesting car dependence. This property is suitable for investors seeking immediate cash flow or buyers looking to owner-occupy while offsetting expenses.
Key Highlights
- Immediate income from long‑term tenants in place
- Features a 2‑bedroom single‑family home and a duplex with a 2‑bed and 1‑bed unit
- Separate utilities for each unit
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
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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 - Three-unit property with immediate income potential near Cortland Airport.
Where is this multifamily property located?
The property is located at 810 State Route 222 Cortland, NY.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Immediate income from long‑term tenants in place; Features a 2‑bedroom single‑family home and a duplex with a 2‑bed and 1‑bed unit; Separate utilities for each unit
