Active

32-40 Owego Street

Cortland NY, 13045

$1,600,000


$50.79 per sqft

Active

31,500 sqft

Commercial

Built in 1972

Investment package within short distance to Interstate 81 and SUNY Cortland campus. Nine residential apartments, one business office, and an established grocery store. All units are currently leased, providing an impressive cap rate. Please inquire for detailed income information.

S1512023

MLS ID

December 4, 2023

Listed

September 17, 2024

Updated

Map

32-40 Owego Street
Cortland NY, 13045

Interior Features

Total Stories

2


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Hot Water

Exterior/Building Features

Lot Size

1.2 Acres


Roof

Asphalt, Metal


Sewer

Public Sewer

School Information

School District

Cortland

Other Property Details

Area Name

Cortland-110200


Taxes

$41,024


Tax Frequency

Annually


Days on Market

261


Garage

No


Parking

Surfaced


Parking Total

65


View

No


County

Cortland


Municipality

Not Applicable


Pool

No


Zoning

GB

Listing History

Date

Event

Price

8/21/2024

Price change

$1,600,000

-13%

8/11/2024

Active

3/8/2024

Under contract

 

Courtesy of Hunt Real Estate ERA, Matthew Salvagno

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