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#S1614467, Kirsten Casterline, Listing office: The Real Estate Agency
$319,900 List price
63 Groton Ave Cortland, NY 13045
8 beds
4 full
2,808 sqft
0.3 acres
$114 / sqft
Multi-Family
Property details
About 63 Groton Ave
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
Size2,808 sqft
BasementYes
Lot size0.2542 Acres
Year built1900
ParkingPaved, Parking Available, Two or More Spaces
MLS #S1614459
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Laminate, Tile, Varies
- Total Bedroom Count: 8
- Parking: Paved, Parking Available, Two or More Spaces
- Heating: Natural Gas, Forced Air
- List Price: $319,900
- Price/SqFt: $113
- Annual Tax Amount: $4,596
- Tax Year: 2023
- Lot: Rectangular Lot
- Year Built: 1900
- Stories: 2
- Living Area: 2,808 SqFt
- Lot Size: 0.2542 Acres
- MLS Number: S1614459
- MLS Name: NYS
- Office Name: The Real Estate Agency
- Office Phone: (315) 604-0718
- Office Email: mattchalanick@gmail.com
- Listing Agent: Kirsten Casterline
The 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
| Date | Event | Price |
|---|---|---|
| Aug 03, 2005 | Home Sold | $156,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $128,000 | $4,596 |
| 2022 | $128,000 | $2,457 |
| 2021 | $128,000 | $4,445 |
| 2020 | $128,000 | $6,551 |
| 2019 | $128,000 | $7,004 |
| 2018 | $128,000 | $7,029 |
| 2017 | $128,000 | $6,694 |
History based on county public records data.
Nearby schools
4
Fe Smith Intermediate School
Public District 3-4
0.8 mi
•33 Wheeler Ave
4
Homer Intermediate School
Public District 3-5
2.9 mi
•58 Clinton St
6
McGraw Elementary School
Public District PK-5
4.3 mi
•50 W Academy St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,462. Residents of Cortland, NY typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
22%
<35k
59%
35k-100k
11%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
3%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
73%
18-34 yrs old
14%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Qdoba
What do the neighbors drive?
Pontiac
Infiniti
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 63 Groton Ave
The listing price of 63 Groton Ave property is $319,900.
The property 63 Groton Ave is a multi located in Cortland, New York, 13045.
Active Listing: 63 Groton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 63 Groton Ave 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 $4,596 (source: MLS/based on county public records data).
The last sale was on August 3, 2005 for $156,000 (source: MLS/tax record).
The property 63 Groton Ave is 2,808 SqFt (source: MLS/tax record).
The year of construction for 63 Groton Ave is 1900.
This home is located at 63 Groton Ave in Cortland, NY and zip code 13045. This 2,808 square foot home, which was built in 1900, sits on a 0.25 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $319,900.
Cortland, NY housing market in June 2025 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The number of homes for sale in Cortland, NY increased by 9.1% between May and June 2025. The median list price of listings available in June 2025 was $182,000, while the average time on the real estate market was 12 days.
From Rocket Homes Real Estate and based on county public records data.