7-unit building available in downtown Cortland! 5 apartments fully occupied on the second floor with rents totaling $5,970/month. Two commercial spaces (2385sf and 625 sf) are available for leasing, or for owner-occupy. Apartments are updated with newer carpets, modern and efficient kitchens, classic tile bathrooms, new mini-splits, and some have two stories with soaring ceilings and skylights. Apartments come furnished with couches, beds, dressers and desks, and have been easy to rent. The commercial spaces each have excellent visibility from the street. The larger includes a full kitchen and storage spaces. Both have private restrooms. A shared laundry room is accessible to tenants. Enjoy many units in a great location for an affordable price!
7,145 Sq Ft
3,868 Sq Ft Lot Size
Investment
$12,584 Annual Tax
Built in 1972
MLS/Listing ID S1648779
2 Stories
5 Units
Cooling - Ductless
Cooling - Ceiling Fans
Awnings
Vinyl
Laminate
Hardwood
Carpet
Furnished
Heating - Gas
Heating - Forced Air
Heating - Electric
Heating - Ductless
Heating - Baseboard
Skylights
Entrance Foyer
Cathedral Ceilings
Common Area
Lot - Rectangular Lot
Parking - No Garage
Parking - No Driveway
Washer
Refrigerator
Microwave
Gas Water Heater
Gas Cooktop
Dryer
Dishwasher
Construction - Stone
Shingle
Rubber
Membrane
Flat
Thermal Windows
Construction - Frame
Construction - Brick

TOTAL MONTHLY COST
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