Established 10 Bed Student housing in Cortland, NY. Issued City of Cortland rental permit. Fully furnished and occupied for the 26-27 season with summer rental income included. Gross Income $66275.00 Expenses $25833.00= Net income $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!
3,385 Sq Ft
0.1962 Private hektar Partistørrelse
multifamily
975 USD Månedlig skatt
Bygget i 1920
MLS/Oppførings-ID S1683352
2 Historier
3 Enheter
Blokker
Stone
Teppe
Keramiske fliser
Laminat
Cooling - Window Units
Construction - Shake Siding
Style - Triplex
Gassvannsbereder
Public Water
Vann
Community Sewer
Shingle
Gummi
Membran
Flat
Åpne
Heating - Gas
Heating - Forced Air
HVAC
Lot - Rectangular Lot
Lot - Near Public Transit
Parking - Paved
Veranda
TOTAL MÅNEDLIG KOSTNAD
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