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  • $165,000

    22 Frank St, Cortland, NY 13045

    5beds
    1,762sqft
    Multi Family
    Built in 1918
    -- sqft lot
    $166,300 Zestimate®
    $94/sqft
    $3,059 Estimated rent

    Home value

    $166,300

    Estimated sales range

    Not available

    $3,059/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirsten Casterline 315-506-3695,

    The Real Estate Agency

    Bought with:

    Jeffrey Guida, 10301218984

    Yaman Real Estate

    Source: NYSAMLSs,MLS#: S1614477MLS LogoOriginating MLS: Syracuse

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Varies, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,762
    • Total interior livable area: 1,762 sqft

    Property

    Parking
    • Parking features: Paved, Parking Available, Two or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,830 Square Feet
    • Dimensions: 56 x 120
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 11020009602400010540000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Attic/Crawl Hatchway(s) Insulated, Wood Siding
    Condition
    • Resale
    • Year built: 1918

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Thomas Seaney Lands
    Location
    • Region: Cortland

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $175,000
    • Annual tax amount: $6,239
    • Date on market: 6/18/2025
    • Cumulative days on market: 188 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    5/14/2026Sold$165,000-8.3%$94/sqft
    Source: NYSAMLSs #S1614477 Report a problem
    2/25/2026Pending sale$179,900$102/sqft
    Source: NYSAMLSs #S1614477 Report a problem
    8/25/2025Listed for sale$179,900$102/sqft
    Source: NYSAMLSs #S1614477 Report a problem
    6/30/2025Pending sale$179,900$102/sqft
    Source: NYSAMLSs #S1614477 Report a problem
    6/18/2025Listed for sale$179,900+42.9%$102/sqft
    Source: NYSAMLSs #S1614477 Report a problem
    11/13/2010Listing removed$125,900$71/sqft
    Source: Warren Real Estate Report a problem
    7/29/2010Listed for sale$125,900+20.5%$71/sqft
    Source: Systems Engineering, Inc. #132138 Report a problem
    8/3/2005Sold$104,500+122.3%$59/sqft
    Source: Public Record Report a problem
    8/25/1998Sold$47,000-47.1%$27/sqft
    Source: Public Record Report a problem
    4/28/1998Sold$88,871$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $175,000
    2024-- $175,000 +45.8%
    2023-- $120,000
    2022-- $120,000
    2021-- $120,000
    2020-- $120,000
    2019-- $120,000
    2018-- $120,000
    2017$6,029 $120,000
    2016-- $120,000
    2015-- $120,000
    2014-- $120,000
    2013-- $120,000
    2012-- $120,000
    2011-- $120,000 +10.1%
    2010-- $109,000
    2009-- $109,000
    2008-- $109,000 +38%
    2007-- $79,000
    2006-- $79,000 +14.5%
    2005-- $69,000
    2004-- $69,000
    2003-- $69,000
    2002-- $69,000
    2001-- $69,000
    2000-- $69,000
    Find assessor info on the county website

    Neighborhood: 13045

    Nearby schools

    GreatSchools rating
    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.