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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUL 15 2025 AT 4:03 AM.

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24 - 26 South Ave 24

cortland, NY 13045

$375,000

  • 15 BR
    4 BA
    APPROX. 7,392 SF

INTERESTED? LET'S CONNECT

Just steps from SUNY Cortland and Main Street amenities, this 7,392 SF purpose-built fourplex offers prime investment potential in a student-friendly corridor. Each of the four spacious units includes 3–4 bedrooms, updated kitchens, and separately metered utilities—keeping owner costs low. Recent improvements include updated boilers, roofs, and vinyl windows. A clean, dry basement features coin-op laundry and secure tenant storage. Zoned R-2 with potential for additional density or ADU (check with city). With below-market rents and pro forma income over $52K/year, this property offers strong upside with minimal effort. Off-street parking, high walkability, and proximity to I-81 make this a smart, high-yield addition to any portfolio.

Details

7,392 Sq Ft

0.2268 Private Acres Exterior Space

Multi Family

$3,504 Annual Tax

Built in 1870

MLS/Listing ID S1619009

2 Stories

4 Units

Amenities & Features

Lot - Near Public Transit

Gas Water Heater

Style - Fourplex

Construction - Stone

Laminate

Hardwood

Heating - Gas

HERIBERTO PEZZINO - 607-372-3214

NYS

Source of Data: NEW YORK STATE MLS

Interested in 24 - 26 South Ave 24?