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#S1614459, Kirsten Casterline, Listing office: The Real Estate Agency
$319,900 List price
72 Groton Ave Cortland, NY 13045
8 beds
2 full, 1 partial
2,660 sqft
0.1 acres
$120 / sqft
Multi-Family
Property details
About 72 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
Size2,660 sqft
BasementYes
Lot size0.1314 Acres
Year built1900
ParkingGravel, Parking Available, Two or More Spaces
MLS #S1614467
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Hardwood, Tile, Varies, Vinyl
- Total Bedroom Count: 8
- Parking: Gravel, Parking Available, Two or More Spaces
- Heating: Natural Gas, Forced Air
- List Price: $319,900
- Price/SqFt: $120
- Annual Tax Amount: $6,131
- Tax Year: 2023
- Lot: Rectangular Lot
- Year Built: 1900
- Stories: 2
- Living Area: 2,660 SqFt
- Lot Size: 0.1314 Acres
- MLS Number: S1614467
- 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, 11:45:27 AM 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 |
|---|---|---|
| Oct 25, 2011 | Home Sold | $1,713,115 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $176,000 | $6,131 |
| 2022 | $176,000 | $3,379 |
| 2021 | $176,000 | $6,076 |
| 2020 | $176,000 | $8,810 |
| 2019 | $176,000 | $9,259 |
| 2018 | $176,000 | $9,294 |
| 2017 | $176,000 | $9,077 |
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
4.4 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 $53,423. Typical income of Cortland, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
37%
<35k
48%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
7%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
55%
18-34 yrs old
25%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
Extreme Sports
Where do the neighbors shop?
Forever 21
Express/Express For Men
Sam's Club
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
White Castle
What do the neighbors drive?
Mazda
Volkswagen
Oldsmobile
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 72 Groton Ave
The listing price of 72 Groton Ave property is $319,900.
The property 72 Groton Ave is a multi located in Cortland, New York, 13045.
Active Listing: 72 Groton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 72 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 $6,131 (source: MLS/based on county public records data).
The last sale was on October 25, 2011 for $1,713,115 (source: MLS/tax record).
The property 72 Groton Ave is 2,660 SqFt (source: MLS/tax record).
The year of construction for 72 Groton Ave is 1900.
This home is located at 72 Groton Ave in Cortland, NY and zip code 13045. This 2,660 square foot home, which was built in 1900, sits on a 0.13 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $319,900.
In June 2025, from all listings sold in Cortland, NY there were more than 5 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The number of listings in Cortland, NY increased by 9.1% between May and June 2025. While the average time on the market in June 2025 was 12 days, the median list price was $182,000.
From Rocket Homes Real Estate and based on county public records data.