benny.estate
For SaleMLS # S16833522 days on market

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

Location

Cortland, NY 13045 · Cortland County

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.