Excellent investment or owner-occupied opportunity with this well-maintained three-family property generating $36,600 in annual rental income. The building features one spacious three-bedroom unit and two two-bedroom units, each with separate electric and gas meters, allowing for straightforward utility management and strong operating efficiency. Ideally located near public transportation and a nearby park, this property offers convenience that tenants appreciate, contributing to its solid rental history. Off-street parking adds further value and desirability. Whether you are an investor seeking consistent cash flow or a buyer looking to owner-occupy while offsetting expenses with rental income, this versatile property presents an excellent opportunity in a convenient location. As of July, 2026, the property has a new Certificate of Rental Compliance for each apartment issued from the City of Cortland.
Listing courtesy of Tompkins Cortland Real Estate. Contact: 607.898.3456