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$359,900

19 Water St Cortland, NY 13045

9 beds
3 full
2,370 sqft
0.1 acres
$152 / sqft
Multi-Family

Property details

About 19 Water St

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
Size2,370 sqft
BasementYes
Lot size0.1135 Acres
Year built1880
ParkingGravel, Two or More Spaces
MLS #S1614476

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Tile, Varies, Vinyl
  • Total Bedroom Count: 9
  • Parking: Gravel, Two or More Spaces
  • Heating: Natural Gas, Forced Air
  • List Price: $359,900
  • Price/SqFt: $151
  • Annual Tax Amount: $6,105
  • Tax Year: 2023
  • Lot: Rectangular Lot
  • Year Built: 1880
  • Stories: 2
  • Living Area: 2,370 SqFt
  • Lot Size: 0.1135 Acres
  • MLS Number: S1614476
  • MLS Name: NYS
  • Office Name: The Real Estate Agency
  • Office Phone: (315) 604-0718
  • Office Email: mattchalanick@gmail.com
  • Listing Agent: Kirsten Casterline

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/13/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$176,000$6,105
2022$176,000$3,379
2021$176,000$5,911
2020$176,000$8,877
2019$176,000$9,681
2018$176,000$9,716
2017$176,000$9,171

History based on county public records data.

Nearby schools

4

Fe Smith Intermediate School

Public District 3-4

1.4 mi

33 Wheeler Ave

4

Homer Intermediate School

Public District 3-5

3.5 mi

58 Clinton St

6

McGraw Elementary School

Public District PK-5

4.6 mi

50 W Academy St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,959. The most common annual income of people living in Cortland, NY is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
55%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
11%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
33%
18-34 yrs old
35%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • DillardsDillards
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • HyundaiHyundai
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 19 Water St

The listing price of 19 Water St property is $359,900.

The property 19 Water St is a multi located in Cortland, New York, 13045.

Active Listing: 19 Water St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 19 Water St are: Fe Smith Intermediate School (GreatSchools Rating 4/10), Homer Intermediate School (GreatSchools Rating 4/10), McGraw Elementary School (GreatSchools Rating 6/10), Randall Middle School (GreatSchools Rating 3/10), Cortland Junior High School (GreatSchools Rating 3/10), Homer Junior High School (GreatSchools Rating 6/10), Cortland High School (GreatSchools Rating 5/10), Homer Senior High School (GreatSchools Rating 7/10), McGraw Secondary School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $6,105 (source: MLS/based on county public records data).

The property 19 Water St is 2,370 SqFt (source: MLS/tax record).

The year of construction for 19 Water St is 1880.

This home is located at 19 Water St in Cortland, NY and zip code 13045. This 2,370 square foot home, which was built in 1880, sits on a 0.11 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $359,900.

In June 2025 more than 5 listings in Cortland, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of listings in Cortland, NY increased by 9.1% between May and June 2025. Listings spent 12 days on the market in June 2025, and had a median list price of $182,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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