#S1584859, Dana Decker, Listing office: Berkshire Hathaway HomeServices Heritage Realty
73 Groton Ave Unit 69-71 Cortland, NY 13045
Property details
About 73 Groton Ave Unit 69-71
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
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Tile, Varies, Vinyl
- Total Bedroom Count: 12
- Parking: Paved, Parking Available, Two or More Spaces
- Heating: Natural Gas, Forced Air
- List Price: $479,900
- Price/SqFt: $115
- Lot: Rectangular Lot
- Year Built: 1900
- Stories: 2
- Living Area: 4,155 SqFt
- Lot Size: 0.3308 Acres
- MLS Number: S1614465
- MLS Name: NYS
- Office Name: The Real Estate Agency
- Office Phone: (315) 604-0718
- Office Email: mattchalanick@gmail.com
- Listing Agent: Kirsten Casterline
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Last updated on: 7/13/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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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 $53,462. Typical income of Cortland, NY residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 73 Groton Ave Unit 69-71
The listing price of 73 Groton Ave Unit 69-71 property is $479,900.
The property 73 Groton Ave Unit 69-71 is a multi located in Cortland, New York, 13045.
Active Listing: 73 Groton Ave Unit 69-71 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 73 Groton Ave Unit 69-71 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).
The property 73 Groton Ave Unit 69-71 is 4,155 SqFt (source: MLS/tax record).
The year of construction for 73 Groton Ave Unit 69-71 is 1900.
This home is located at 73 Groton Ave Unit 69-71 in Cortland, NY and zip code 13045. This 4,155 square foot home, which was built in 1900, sits on a 0.33 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $479,900.
While more than 5 listings in Cortland, NY in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. In June 2025 in Cortland, NY there were 9.1% more homes for sale than in May. Listings spent 12 days on the market in June 2025, and had a median list price of $182,000 during the same period.