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16 South Avenue, Cortland, NY 13045
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$135,000
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Home Details for 16 South Avenue
Price
$135,000
Type
Multi Family
Bedrooms
4
Full Bathrooms
2
Year Build
1890
Sq. Ft.
1940
County
Cortland
Garage
2
Tax
$2,885
MLS®️ Listing#
331608
On exitrealty.com
110 days
Property Description
Dual-unit duplex just steps from SUNY Cortland and downtown—an ideal rental property or starter portfolio asset. The home features 2?BR/1?BA and 3?BR/1?BA units, both fully rented with separately metered utilities and landlord-covered water/sewer. Recently updated heating and low-maintenance systems help streamline operations. Shared driveway provides adequate parking. Priced at $135,000 with a strong 13.3% cap rate and immediate cash flow. Can be sold individually—or bundled with 24–26 South Ave and 35 Clinton St for investors seeking scale and diversification.
- Parking
- Attached
- Garage
- Cooling Information
- Other
- Heating Information
- Forced Air
- Water Features
- Public
- Garage
- 1
Listing Courtesy: YAMAN REAL ESTATE - 607-692-3665
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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$135,000
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