26 Lincoln Avenue
Cortland, NY 13045 · Cortland County
Price
$324,900
Bed / Bath
10 bd · 4 ba
Interior
3,385 sqft
Lot
8,546 sqft lot
Built
1920
About this home
Established 10 Bed Student housing in Cortland, NY. Issued City of Cortland rental permit. Fully furnished and occupied for the 26-27 season with summer rental income included. Gross Income $66275.00 Expenses $25833.00= Net income $40,442.00 includes vacancy allowance. Self managed at a 12.4% cap rate. Potential for higher income with increase in rents. Students have easy walkable access to the Suny Cortland and downtown area. Owner has recently install a new lower roof, new furnace, 2 hot water heaters and a combo laundry unit. Investors reach out to listing person directly to save more dollars!
Interior features
- Other
- See Remarks
Appliances
- Gas Water Heater
Mechanical
Heating
Gas, Forced Air
Cooling
Window Units
Schools
District
Cortland
Elementary
Randall
High School
Cortland Junior-Senior High
Tax & finance
Annual taxes
$11,696
Financing
Cash · Conventional
MLS Attribution
Listing courtesy of Realmart Realty LLC. Listing agent: Qizhan Yao. Data last updated 5/22/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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