4-Unit Investment Property in the City of Cortland – Tons of Potential! This multi-family property offers a fantastic opportunity for investors looking for a winter project or value-add rental. The building features four units, five electric meters, two gas meters, a parking lot, vinyl siding, a storage shed, a full basement, and a solid roof and structure—great bones ready for restoration. Unit Status: Front 1-bedroom unit is currently occupied and cannot be shown. Upper unit has been fully gutted due to a previous fire—start fresh and design it exactly how you want. Two additional units are vacant and in need of repair. With the right vision and rehab work, this property can produce excellent long-term income. A perfect project for the off-season with strong upside potential!
Closed
$62,000
200 S Main St, Cortland, NY 13045
3beds
4,461sqft
Multi Family
Built in 1972
-- sqft lot
$63,300 Zestimate®
$14/sqft
$1,568 Estimated rent
Home value
$63,300
Estimated sales range
Not available
$1,568/mo
Zestimate® history
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$1,568/mo
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$399/mo
Est. payment
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Est. payment
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List your homeWhat's special
Parking lotFull basementSolid roof and structure
Zillow last checked:
Listing updated:
Listed by:
Jason Hage 607.283.6200,
Hage Real Estate
Bought with:
Rose Marie Ferro, 10401261648
Hage Real Estate
Source: NYSAMLSs,MLS#: S1651256
Originating MLS: Cortland
Originating MLS: CortlandFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,461
- Total interior livable area: 4,461 sqft
Property
Parking
- Parking features: Common, Gravel, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,744 sqft
- Dimensions: 85 x 113
- Features: Corner Lot, Rectangular, Rectangular Lot
Details
- Parcel number: 11020009602600010080000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1972
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Cortland
Other
Other facts
- Listing terms: Cash,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $62,000-10.1%$14/sqft |
Source:  NYSAMLSs #S1651256 Report a problem | ||
| 11/19/2025 | Pending sale | $69,000$15/sqft |
Source: NYSAMLSs #S1651256 Report a problem | ||
| 11/17/2025 | Listed for sale | $69,000+38%$15/sqft |
Source: NYSAMLSs #S1651256 Report a problem | ||
| 10/21/2025 | Sold | $50,000-59%$11/sqft |
Source: Public Record Report a problem | ||
| 8/25/2014 | Sold | $122,000$27/sqft |
Source: NYSAMLSs #S309816 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $162,000 |
| 2024 | -- | $162,000 +55.8% |
| 2023 | -- | $104,000 |
| 2022 | -- | $104,000 |
| 2021 | -- | $104,000 |
| 2020 | -- | $104,000 |
| 2019 | -- | $104,000 |
| 2018 | -- | $104,000 |
| 2017 | $5,215 | $104,000 |
| 2016 | -- | $104,000 |
| 2015 | -- | $104,000 |
| 2014 | -- | $104,000 |
| 2013 | -- | $104,000 |
| 2012 | -- | $104,000 |
| 2011 | -- | $104,000 |
| 2010 | -- | $104,000 |
| 2009 | -- | $104,000 |
| 2008 | -- | $104,000 +14.9% |
| 2007 | -- | $90,500 |
| 2006 | -- | $90,500 |
| 2005 | -- | $90,500 |
| 2004 | -- | $90,500 |
| 2003 | -- | $90,500 |
| 2002 | -- | $90,500 |
| 2001 | -- | $90,500 |
| 2000 | -- | $90,500 |
Find assessor info on the county website
Neighborhood: 13045
Nearby schools
GreatSchools rating
- 5/10Randall SchoolGrades: 5-6Distance: 0.4 mi
- 5/10Cortland Junior High SchoolGrades: 7-8Distance: 0.3 mi
- 6/10Cortland Junior Senior High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Cortland
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Cortland County
- Cortland
- 13045
- 200 S Main St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cortland Topics
