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$314,900
Monthly Est:$1,567
9 Beds
3 Baths3 full baths
2,370sqft
19 Water St, Cortland, NY 13045
$314,900
$1,567/moEst:
Get Pre-Approved
Multi Family
Built in 1880
$-- HOA
0.11 acre lot
$133/sq.ft
Description
This property features two units- Downstairs has 6 bedrooms and 2 full baths - Upstairs is 3/4 bedrooms and 1 bath - for a total of 10 bedrooms and 3 full bathrooms. Currently vacant for the 2025-2026 school year, but the downstairs, all 6 bedrooms are pre-rented for both semesters of 2026-2027 at $3,800 per student per semester. Excellent turnkey investment opportunity with immediate cash flow. Lockbox is located on the left of the back porch. See Showing Time for code. After 15 years of ownership, the sellers are beginning to sell off their well-maintained student housing portfolio. Each property offers an excellent location close to SUNY Cortland and has a strong, consistent rental history. Units typically rent for $3,800-$4,200 per student per semester, with dependable occupancy year after year. Great opportunity to own a proven income-producing property in a high demand market.
- Houzeo last checked: 12 hours ago
- Listing updated: September 15, 2026 at 10:15 pm
- Listing Provided by: Matthew Chalanick (315) 604-0718 DRE #10371200877 | The Real Estate Agency (315) 604-0718
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1679899
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1880
HOA Fees
-
Finished Area
2,370 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1679899
MLS Status
Active
Days on Market
170
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 3
Interior
Heating
Gas, Forced Air
Flooring
Tile, Varies, Vinyl
Sewer
Connected
Appliances
Gas Water Heater
Construction
Year Built
Year Built: 1880
Home type
Multi Family
Property Condition
Resale
Construction Materials
Attic Crawl Hatchways Insulated, Vinyl Siding
Utilities & Energy
Water Source
Connected, Public
Basement
Full
Utilities
Sewer Connected, Water Connected
Parking Features
Gravel, Two Or More Spaces
Other Features
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
05/08/2026 Source: | Listed for Sale | $314,900 $133/sqft |
05/08/2026 Source: | Off Market | $314,900 $133/sqft |
03/11/2026 Source: | Listing Removed | $314,900 -5.41% $133/sqft |
06/18/2025 Source: | Listed for Sale | $332,900 -7.50% $140/sqft |
06/18/2025 Source: | Price Increased | $359,900 +8.11% $152/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 23, 2026, 08:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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