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Do Real Estate on the Go!
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$1,795,000
31 Beds
- 8 Baths
8 full baths
10,336sqft
52 Prospect, Cortland, NY 13045
$1,795,000
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Multi Family
Built in 1930
$-- HOA
0.49 acre lot
$174/sq.ft
Description
Welcome to 52 Prospect Terrace, a rare investment opportunity located directly across the street from SUNY Cortland. This high-density student housing asset consists of four rental units totaling 31 bedrooms and 8 bathrooms, offering exceptional income-producing potential in one of the area's most desirable student housing locations. The property features four spacious units configured as follows: one 5-bedroom, 2-bath unit; one 8-bedroom, 2-bath unit; one 10-bedroom, 3-bath unit; and one 8-bedroom, 2-bath unit. The group leasing structure has proven highly effective, supporting strong occupancy and consistent rental demand year after year. Positioned just a 30-second w...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
10,336 sqft
Lot Size
0.49 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1691033
MLS Status
Active
Days on Market
35
Cumulative Days on Market
4
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