56 Owego Street
Cortland, NY 13045
Est. P&I payment: $496.13/mo
Description for 56 Owego Street, Cortland, NY 13045
Prime student housing! 3-unit that is legal for 8 students! Gross profit rented to students is approx. $48,000.00 per year. Apartment #1 is a 4-bdrm. currently rented to non-student tenants for $950 per month. Apartment #2 is currently rented to non-student tenants for $875 per month. Apartment #3 is currently rented to non-student tenants for $675 per month. Property has recently undergone many renovations. This investment property posts positive cash-flow renting to local tenants and renting to student tenants! Seller's are motivated!
My Notes for MLS #S1074698
- Listing Type: Exclusive Right To Sell
- Property Type: Multi-Family Res (2-4) units
- Status: A-Active
- Total Num of Apartments: 3
- Type of Residence: 3 Unit
- Type of Sale: Normal
- Year Built: 1890
- Year Built Description: Existing
- Exterior Construction: Vinyl
- Foundation Description: Stone
- Lot Dimensions Depth: 175
- Lot Dimensions Frontage: 74
- Lot Information: Near Bus Line,Neighborhood Street
- Lot Number: 16
- Num of Acres: 0.2982
- Num of Garage Spaces: 2
- Parking Driveway: 2 or More Spaces,Blacktop,Parking Area
- Additional Interior Features: Circuit Breakers - Some
- Attic Description: None
- Basement Description: Full
- Floor Description: Hardwood-Some,Laminate-Some,Wall To Wall Carpet-Some
- Kitchen Equip Appl Included: Dryer,Oven/Range Electric-Some,Refrigerator,Washer
- Num of Stories: 2
- Sq Ft Total: 3,164
- Heating Fuel Description: Gas
- HVAC Type: Forced Air
- Num of Electric Meters: 3
- Num of Gas Meters: 3
- Num of Heating Units: 3
- Sewer Description: Sewer Connected
- Water Heater Fuel: Electric
- Water Resources: Public Connected
- Operating Expenses Include: Insurance,Water / Sewer
- Rent Includes: Lawn Maintenance,Refuse Removal,Snow Removal,Water
- School Tax: 2,274
- Total Taxes: 6,418
- Town County Tax: 4,144
- High School Name: Cortland Junior-Senior High
- School District Name: Cortland
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Directions to 56 Owego Street, Cortland, NY 13045
Tompkins to Owego. Property on the right next to the Owego Street Apartments.
The listing information for 56 Owego Street, Cortland, NY 13045 was graciously provided by our friends at the listing brokerage, Seven Valley Realty, Inc.
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Last Updated 02/24/2018 at 6:58am