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 私人莊園 地塊面積
多戶住宅
US$975 每月稅款
內建於 1920
MLS/房源編號 S1683352
2 故事
3 單位
區塊
石頭
地毯
陶瓷磁磚
層壓板
Cooling - Window Units
Construction - Shake Siding
Style - Triplex
燃氣熱水器
Public Water
水
Community Sewer
Shingle
橡膠
膜
Flat
開啟
Heating - Gas
Heating - Forced Air
HVAC
Lot - Rectangular Lot
Lot - Near Public Transit
Parking - Paved
門廊
每月總成本
US$0
US$0
US$0