26 Lincoln Avenue

Cortland, NY 13045
Beds
10
Baths
4
Square Ft.
3,385
$324,900
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 withRead MoreRead Less
Courtesy of Realmart Realty LLC, 888-362-6543.
Listing Snapshot
Days Online
19
Last Updated
Property Type
MultiFamily
Beds
10
Full Baths
4
Square Ft.
3,385
Lot Size
0.2 Acres
Year Built
1920
MLS Number
S1683352
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
GasWaterHeater
Basement
Full
Building
Built in 1920, Year Built Details: Existing, Living area: 3385.0, 2 stories, Levels: Two, Construction Materials: ShakeSiding
Community
3 units in community
Cooling
WindowUnits
Energy Saving
Energy Efficiency: Hvac
Expenses
Operating: $25,833
Exterior Features
Patio/Porch Features: Open, Porch
Fireplaces
1 fireplace
Floors
Carpet, CeramicTile, Laminate, Varies
Foundation
Block, Stone
Heating
Gas, ForcedAir
Income
Gross Income: $66,275, Net Operating Income: $28,746
Interior Features
SeeRemarks
Lot
0.1962 acres, Dimensions: 65X129, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Owner Pays
Gas, GroundsCare, SnowRemoval, TrashCollection
Parking
Paved
Property
Resale
Roof
Asphalt, Flat, Membrane, Rubber, Shingle
Sewer
Connected
Taxes
Parcel Number: 110200-086-050-0001-024-000-0000, Annual Amount: $11,696, Assessed Value: $305,000, Lot: 24, Zoning description: Other - See Remarks
Utilities
ElectricityConnected, SewerConnected, WaterConnected, Water Source: Connected, Public, 3 separate electric meters
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