200 S Main Street, Cortland, NY 13045

Property Description

4-Unit Investment Property in the City of Cortland – Tons of Potential! This multi-family property offers a fantastic opportunity for investors looking for a winter project or value-add rental. The building features four units, five electric meters, two gas meters, a parking lot, vinyl siding, a storage shed, a full basement, and a solid roof and structure—great bones ready for restoration. Unit Status: Front 1-bedroom unit is currently occupied and cannot be shown. Upper unit has been fully gutted due to a previous fire—start fresh and design it exactly how you want. Two additional units are vacant and in need of repair. With the right vision and rehab work, this property can produce excellent long-term income. A perfect project for the off-season with strong upside potential!