51 South Avenue, Cortland, NY 13045

$140,000
6
BD
2
BA
2,455
SqFt

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Sold Price
$140,000
List Price
$154,900
Status
CLOSED
MLS#
S1642913
Closing Date
Apr 15, 2026
Year Built
1900
Stories
2
Bedrooms
6
Bathrooms
2
Acres
0.09
Living Area
2,455
Subdivision
Wayne L & Noreen Parrell-
Region
Cortland
Neighborhood
Wayne L & Noreen Parrell-

Property Description

Investor’s dream or perfect addition to your portfolio! Pictures are pre-tenants moving in to protect their privacy. This two-unit property is fully rented and generating steady income — Unit 1 at $900/month and Unit 2 at $875/month, plus tenant-pay utilities. Each apartment offers spacious layouts, bright living areas, and functional kitchens and baths. Separate entrances and utilities provide easy management and privacy for tenants. Conveniently located in the City of Cortland, close to SUNY Cortland, downtown shops, and local bus routes. With reliable long-term tenants already in place, this is a turnkey opportunity, a solid property in a high-demand rental area — come see why this South Ave duplex stands out as a smart, stable investment!

Additional Information

Taxes
$5,373
Interior Features
Attic
Exterior Features
Balcony
Style
Duplex
School District
Cortland
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Heritage Realty. Contact: 607.261.0439

Selling Office: Warren Real Estate of Ithaca Inc..