Closed

$120,000

71 Madison St, Cortland, NY 13045

4beds

1,736sqft

Duplex, Multi Family

Built in 1900

-- sqft lot

$125,800 Zestimate^®

$69/sqft

$1,695 Estimated rent

Home value

$125,800

Estimated sales range

Not available

$1,695/mo

Zestimate^® history

Owner options

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$1,695/mo

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$1,695/mo

Rent Zestimate^®

Refinance and save

$772/mo

Est. payment

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$772/mo

Est. payment

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What's special

Replacement windowsNewer roofs

Newer roofs and replacement windows are updates included with this conveniently located property near park. Tenants have been there approximately 10 and 15 years which is why rents are below market rate. Upstairs tenant maintains lawn and does snow removal. Separate utilities for each unit with exception of water. Both units have a separate washer and dryer in basement which are included along with 2 stoves and 2 refrigerators. Vinyl siding. Please give 24 hour notice to show.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater
Laundry: Washer Hookup

Features

Flooring: Carpet, Hardwood, Varies, Vinyl
Windows: Thermal Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,736
Total interior livable area: 1,736 sqft

Property

Parking

Total spaces: 1
Parking features: Common, Other, See Remarks, Two or More Spaces
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 3,454 Square Feet
Dimensions: 41 x 84
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 11020008604900010070000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding
Foundation: Stone
Roof: Metal,Shingle

Condition

Resale
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Location

Region: Cortland

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $125,000
Annual tax amount: $4,455
Date on market: 4/10/2025
Cumulative days on market: 26 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
6/20/2025	Sold	$120,000-25%$69/sqft
Source: NYSAMLSs #S1598714 Report a problem
5/6/2025	Pending sale	$160,000$92/sqft
Source: NYSAMLSs #S1598714 Report a problem
4/12/2025	Listed for sale	$160,000$92/sqft
Source: NYSAMLSs #S1598714 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$125,000
2024	--	$125,000 +50.2%
2023	--	$83,200
2022	--	$83,200
2021	--	$83,200
2020	--	$83,200
2019	--	$83,200
2018	--	$83,200
2017	$4,314	$83,200
2016	--	$83,200
2015	--	$83,200
2014	--	$83,200
2013	--	$83,200
2012	--	$83,200
2011	--	$83,200
2010	--	$83,200
2009	--	$83,200
2008	--	$83,200 +20.1%
2007	--	$69,300
2006	--	$69,300
2005	--	$69,300
2004	--	$69,300
2003	--	$69,300
2002	--	$69,300
2001	--	$69,300
2000	--	$69,300