NY
Cortland
Cortland
13045
16 South Avenue
16 South Avenue, Cortland, NY 13045
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Listing Type
Multi Family
Listing Status
active
13
$135,000

Home Details for 16 South Avenue

Price
$135,000
Type
Residential Income
Bedrooms
4
Bathrooms
Square feet
1940
Year built
1890
County
Cortland
Garage
2
Days on site
165
MLS Listing#
331608
Property Description

Dual-unit duplex just steps from SUNY Cortland and downtown—an ideal rental property or starter portfolio asset. The home features 2?BR/1?BA and 3?BR/1?BA units, both fully rented with separately metered utilities and landlord-covered water/sewer. Recently updated heating and low-maintenance systems help streamline operations. Shared driveway provides adequate parking. Priced at $135,000 with a strong 13.3% cap rate and immediate cash flow. Can be sold individually—or bundled with 24–26 South Ave and 35 Clinton St for investors seeking scale and diversification.

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Property Features
  • Parking
    • Attached
    • Garage
  • Cooling Information
    • Other
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Garage
    • 1
School Information
School Information for 16 South Avenue, Cortland, NY 13045
Elementary School
Barry, F E Smith, Randall
Middle School
N/A
High School
N/A
Listing Courtesy: YAMAN REAL ESTATE - 607-692-3665
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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