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Key Details
Sold Price $222,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,282 sqft
Price per Sqft $97
MLS Listing ID R1595114
Sold Date 06/12/25
Style Duplex
Bedrooms 6
Full Baths 2
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $4,990
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 36X80
Property Sub-Type Duplex
Property Description
Charming Duplex in Cortland, NY Welcome to this well-maintained duplex offering a lucrative investment opportunity in Cortland, NY. The front unit boasts 3 bedrooms, 1.2 baths, and a spacious open living room/dining room combo and a recently updated kitchen. Meanwhile, the rear unit features 3 bedrooms, 1.5 baths, and an inviting eat-in kitchen. Additional flexibility is found with tenants utilizing a lower-level room as a bedroom. Rental Income: Currently, the front unit rent for $1,100/month, while the rear unit generates $1,700/month, presenting substantial rental income. Each unit includes private laundry facilities, and tenants cover their own utilities, excluding water/sewer. Explore the endless possibilities this property offers, whether as an income generator or a dual-residence investment. Don't miss out on this amazing opportunity.
Location
State NY
County Cortland
Area Cortland-110200
Direction From Church St in Cortland, take a right onto Clinton Ave and left onto Washington, the house is on the left.
Rooms
Basement Full
Interior
Heating Gas, Zoned, Baseboard, Hot Water
Cooling Zoned
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Architectural,Shingle
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
Elementary Schools F E Smith
Middle Schools Other - See Remarks
High Schools Cortland Junior-Senior High
School District Cortland
Others
Senior Community No
Tax ID 86.51-02-03.000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Yaman Real Estate