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Price $1,500,000

32-42 Owego Street, Cortland, New York 13045, Cortland, New York 13045

  • Square Footage : 11,460 Sqft
  • Visits : 17 in 42 days
$1,500,000
Features
Heating System :
Gas, Baseboard
Parking :
65
Pool Expense : $0
Roof :
Asphalt, Membrane, Rubber
Sewer :
Public Sewer
Address Map
State :
NY
County :
Cortland
City :
Cortland
Zipcode :
13045
Street : 32-42 Owego Street, Cortland, New York 13045
Floor Number : 0
Longitude : W77° 48' 52.6''
Latitude : N42° 35' 32.3''
MLS Addon
Office Name : Hunt Real Estate ERA
Association Fee : $0
Bathrooms Total : 0
Building Area : 11,460 Sqft
CableTv Expense : $0
DOM : 2
Electric Expense : $0
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
Lot Features :
Rectangular
LotSize Dimensions : 142X234
Maintenance Expense : $0
Parcel Number : 110200-086-081-0002-012-200-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Virtual Tour : Click Here
Zoning : Com
Property Description

Rare opportunity to own a mixed use portfolio in the heart of Cortland! Property being sold as a package consisting of 32-34 Owego St. – Cortland Produce, 36-40 Owego St. – Mixed-Use building with 7 apartments & 1 commercial space, 42 Owego St. – duplex. Plenty of parking for all tenants with 65+ parking spaces. This property is being sold at an 11% cap rate based on current income and 12 months of expenses. Property is stabilized and producing strong cashflow with the upside to increase total income. Reach out to listing broker Dante Belmonte for a link to all property documents and financials.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : S1586390
Price : $1,500,000
Square Footage : 11,460 Sqft
Year Built : 1972
Lot Area : 33,303 Sqft
Status : Active
Property Sub Type : Apartment
Agent info
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