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Cortland, NY 13045 19 Water Street

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Presented By: Kirsten Casterline with The Real Estate Agency;
  • MLS# S1614476
  • 06/18/2025
  • Request Tour
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  • Beds • 9
  • Baths • 3
  • SQFT • 2,370

Home Details

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by 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, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.
Presented By: Kirsten Casterline with The Real Estate Agency;

Interior Features for 19 Water Street

Bedrooms

Total Bedrooms9

Bathrooms

Half Baths0
Main Level Bathrooms
Total Baths3

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringTile, Varies, Vinyl
Heating Y/NYes
Total Fireplaces
Total Stories2

General for 19 Water Street

AppliancesGasWaterHeater
CityCortland
Construction MaterialsAtticCrawlHatchwaysInsulated, VinylSiding
CountyCortland
Elementary School DistrictCortland
Full Baths3
Garage Spaces0.0
HeatingGas, ForcedAir
High School DistrictCortland
LevelsTwo
Lot Size Square Feet4942.0
Lot Size UnitsAcres
MLS AreaCortland-110200
Middle/Junior School DistrictCortland
Number Of Units Total2
OwnerPaysAllUtilities
PossessionCloseOfEscrow
Property ConditionResale
Property SubtypeMultiFamily
Property TypeResidential
Rent IncludesAllUtilities
School DistrictCortland
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount8199.0
Tax Assessed Value230000
Tax Lot44
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Year Built1880
Year Built DetailsExisting

Exterior for 19 Water Street

Building Area Total2370.0
Lot Dimensions57X86
Lot FeaturesRectangular, RectangularLot, ResidentialLot
Lot Size Acres0.1135
Lot Size Area0.1135
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Parking FeaturesGravel, TwoOrMoreSpaces
Road Frontage TypeCityStreet
Water SourceConnected, Public
Waterfront Y/NNo

Additional Details

Price History

Michael Silbak

Price $359,900
MLS#S1614476
List Date 06/18/2025
Property Type Multi-Family
Phone 716.308.5067
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Request Info
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