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 $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!
3,385 Sq Ft
0.1962 Đất riêng Kích thước lô
multifamily
975 US$ Thuế hàng tháng
Được tích hợp sẵn 1920
MLS/Mã danh sách S1683352
2 Câu chuyện
3 Căn hộ
Block
Stone
Thảm
Gạch men
Laminate
Cooling - Window Units
Construction - Shake Siding
Style - Triplex
Bình nước nóng chạy bằng gas
Public Water
Nước
Community Sewer
Shingle
Cao su
Màng
Flat
Mở
Heating - Gas
Heating - Forced Air
HVAC
Lot - Rectangular Lot
Lot - Near Public Transit
Parking - Paved
Porch
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