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 $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!
3,385 Sq Ft
0.1962 Privata hektar Partistorlek
multifamily
975 US$ Månadsvis skatt
Inbyggt 1920
MLS/Listnings-ID S1683352
2 Berättelser
3 Enheter
Blockera
Stone
Carpet
Keramiska plattor
Laminat
Cooling - Window Units
Construction - Shake Siding
Style - Triplex
Gasvärmare
Public Water
Vatten
Community Sewer
Shingle
Gummi
Membran
Lägenhet
Öppna
Heating - Gas
Heating - Forced Air
HVAC
Lot - Rectangular Lot
Lot - Near Public Transit
Parking - Paved
Veranda
TOTAL MÅNADSKOSTNAD
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