19 Water Street, Cortland, NY 13045 | CORNERPIN- Ithaca and Finger Lakes Homes for Sale
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$314,900
42 Days On Site

19 Water Street
Cortland, NY 13045

For Sale|Multi Family|Active
9
Beds
3
Total Baths
3
Full Baths
2,370
SqFt
$133
/SqFt
1880
Built
County:
Cortland
Listing courtesy of Matthew Chalanick of The Real Estate Agency (315) 604-0718
Call Now: (607) 288-4881
Is this the listing for you? We can help make it yours.
(607) 288-4881
19 Water Street19 Water Street19 Water Street19 Water Street
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Mortgage Calculator

Monthly Payment (Est.)

$1,437
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

This property features two units- Downstairs has 6 bedrooms and 2 full baths - Upstairs is 3/4 bedrooms and 1 bath - for a total of 10 bedrooms and 3 full bathrooms. Currently vacant for the 2025-2026 school year, but the downstairs, all 6 bedrooms are pre-rented for both semesters of 2026-2027 at $3,800 per student per semester. Excellent turnkey investment opportunity with immediate cash flow. Lockbox is located on the left of the back porch. See Showing Time for code. After 15 years of ownership, the sellers are beginning to sell off their well-maintained student housing portfolio. Each property offers an excellent location close to SUNY Cortland and has a strong, consistent rental history. Units typically rent for $3,800-$4,200 per student per semester, with dependable occupancy year after year. Great opportunity to own a proven income-producing property in a high demand market.

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Listing Snapshot
Price 
$314,900
Days On Site 
42 Days
Bedrooms 
9
Inside Area (SqFt) 
2,370 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1135 Acres
Year Built 
1880
MLS® Number 
S1679899
Status 
Active
Property Tax 
$8,199
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1135
Cross Street 
Tompkins
Levels 
Two
Number Of Stories 
2
Parking 
Gravel
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
2370
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Flooring 
TileVariesVinyl
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Attic/Crawl Hatchway(s) InsulatedVinyl Siding
Lot Features 
Corner LotRectangular Lot
Community Features
Financing Terms Available 
Cash
MLS Area 
Cortland-110200
School District 
Cortland
Township 
Not Applicable
Schools
School District
Cortland
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Matthew Chalanick of The Real Estate Agency (315) 604-0718



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-06-18 10:51 AM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Cornerpin Realty

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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