56 Owego ST, Cortland NY 13045 Photo 1 56 Owego ST, Cortland NY 13045 Photo 2 56 Owego ST, Cortland NY 13045 Photo 3 56 Owego ST, Cortland NY 13045 Photo 4 56 Owego ST, Cortland NY 13045 Photo 5 56 Owego ST, Cortland NY 13045 Photo 6 56 Owego ST, Cortland NY 13045 Photo 7 56 Owego ST, Cortland NY 13045 Photo 8 56 Owego ST, Cortland NY 13045 Photo 9

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56 Owego ST - 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 $1000 per month. Apartment #2 is currently rented to non-student tenants for $750 per month. Apartment #3 is currently rented to non-student tenants for $700 per month. All leases are on a month-to-month basis. This investment property posts positive cash-flow renting to local tenants and renting to student tenants! Virtual Tour

Listing information

  • MLS® ID: S343131
  • Status: Active
  • Parking Type Description: None 0 cars
  • Total Square Footage: 3,164 ($36.98 per sq. foot)
  • Estimated Annual Taxes: $6,137
  • Style: Other
  • Total Rooms: 16
  • New Construction: No
  • Lot Area: 0.30
  • High School: Cortland Junior-Senior High
  • Year Built: 1890
  • Stories: 2
  • Foreclosure: No
  • Lot Size: 74x175
  • School District: Cortland

Features

Additional Exterior Features Cable TV Available, Private Yard - see Remarks
Additional Interior Features Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
Attic Description Full
Basement Description Full
Exterior Construction Vinyl
Floor Description Laminate-Some, Wall To Wall Carpet-Some, Wood-Some
Heating Fuel Description Gas
HVAC Type Forced Air
Kitchen Equip Appl Included Dryer, Oven/Range Electric-Some, Range Hood-Exhaust Fan, Washer
Lot Information Near Bus Line, Neighborhood Street
On Waterfront Y/N 0
Operating Expenses Include Insurance, Water / Sewer
Other Age - 125, Area NYSWIS Code - Cortland-110200, City Village Tax - 0, Gross Annual Income - 0, Island Name - Na, Listing Type - Exclusive Right To Sell, Nearest Cross Street - South Ave., Num Bedrooms 4th Floor - 0, Num Fireplaces Artificial - 0, Num Fireplaces Freestanding - 0, Num Fireplaces Gas - 0, Num Fireplaces Not Repto Code - 0, Num Fireplaces Other - 0, Num Fireplaces Pellet - 0, Num Fireplaces Woodburning - 0, Num Fireplaces Woodstoves - 0, Num Full Baths 4th Floor - 0, Num Half Baths 4th Floor - 0, Num of Electric Meters - 3, Num of Gas Meters - 3, Num of Heating Units - 3, Property Type - Multi-Family Res (2-4) Units, School Tax - 2264, Second Mortgage Home Equity Bala - 0, Supplement Count - 1, Total Num of Apartments - 3, Town County Tax - 3873, Value Range Pricing Y/N - 0, Value Range Search Low Price - 129900.00, Village - Not Applicable, Year Built Description - Existing
Parking Driveway 2 or More Spaces, Parking Area, Stone/Gravel
Rent Includes Grounds Maintenance, Snow Removal, Water
Sewer Description Sewer Connected
Type of Residence 3 Unit
Type of Sale Normal
Water Heater Fuel Gas
Water Resources Public Connected
Listing Courtesy of Seven Valley Realty, Inc.