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607-282-6242kevin@homesfarmsandland.com

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Property at 5 Sands Street, Cortland, NY 13045
ACTIVE
$24,000
$215,900

5 Sands StreetCortland, NY, 13045

6 Beds2 Baths1,926 SqFt0.1545 Acres
Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.
1 / 15

Est. Monthly

$1,023/mo

$215,900
$24,000

5 Sands Street, Cortland, NY

6 Beds2 Baths1,926 SqFt0.1545 Acres

Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1910
Days on Market184 days

Est. Monthly Payment

$1,023.36

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

5 Sands Street

Cortland, NY 13045 • Cortland
6
Beds
2
Baths
1,926
SqFt
0.1545
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1910116 years ago
Days on Market
184 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,371
Property History
  • Price reduced
    Mar 11, 2026 • NYSAMLS • S1650282
    $239,900 → $215,900
  • Listed for sale
    Nov 21, 2025 • NYSAMLS • S1650282
    $239,900
Mortgage Calculator
Estimated monthly payment for this property
$1,023.36
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1650282
  • Listing Office
    The Real Estate Agency
  • Last Updated
    9 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Tile
    • Varies
  • Basement
    Full

Parking

  • Parking Features
    • Paved
    • Two Or More Spaces
  • Garage Spaces
    1

Lot & Grounds

  • Lot Size
    0.1545 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    Vinyl Siding

Condition

  • Year Built
    1910
  • Condition
    Resale
  • Days on Market
    184 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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