19 Water St

Cortland, NY 13045

$332,900
Price
9
Beds
2,370 Sq. Ft.
$140 / Sq. Ft.
2,370
Sq. Ft.
$140
per Sq. Ft.

Description

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...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.
  1. Listed by Kirsten Casterline • The Real Estate Agency
    P: (315)-604-0718 C: (315)-506-3695 kcasterline@the-realestateagency.com

Property Details for 19 Water Street

On Waterfront
No
Parking Description
Gravel, Two Or More Spaces
Nearest Cross Street
Tompkins
LISTING UPDATED: 12/17/2025 08:38 AM

Property Details for 19 Water Street

StatusActive
MLS #S1614476
Days on Market248
Taxes$8,199 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1880
Lot Size0.11 AC / 4,942 SF
CountyCortland County

Location

Listing Courtesy of The Real Estate Agency
Add your commute

Building Information for 19 Water Street

Stories2Residences2Year Built1880Building Size-Lot Size0.11 AC / 4,942 SF

Payment Calculator

$2,306 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,622

Property Taxes

$683

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19 Water Street

Summary
Location and General Information
  • Elementary School District: Cortland
  • High School District: Cortland
  • Middle Or Junior School District: Cortland
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Cortland-110200
  • Tax Annual Amount: $8,199.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2370.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1135
  • Lot Size Area: 0.1135
  • Lot Size Square Feet: 4942.0
  • Lot Size Units: Acres
  • Parcel Number: 110200-086-080-0002-044-000-0000
  • Road Frontage: City Street
  • Lot Number: 44
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $230,000
  • Year Built: 1880
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Attic Crawl Hatchways Insulated, Vinyl Siding
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 9
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Tile, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2370.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Electric, Fuel, Utilities, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $3,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $3,800.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 3800
Unit 2
  • Unit Type Actual Rent: $3,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 6
  • Features: ,Den/Family Room,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $3,800.00
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 3800
Rental
Rental Information
  • Rent Includes: All Utilities

Property History for 19 Water Street

DateEvent & SourcePriceAppreciation
Aug 4, 2025

Price Change

WNYREIS #S1614476

$332,900—
Jun 18, 2025

Listed (Active)

WNYREIS #S1614476

$359,900—
Jun 8, 2023

Expired

WNYREIS #S1447518

—
Feb 2, 2023

Listed (Active)

WNYREIS #S1447518

$1,334,000—
DateEvent & SourcePrice
08/04/2025

Price Change

WNYREIS #S1614476

$332,900
06/18/2025

Listed (Active)

WNYREIS #S1614476

$359,900
06/08/2023

Expired

WNYREIS #S1447518

—
02/02/2023

Listed (Active)

WNYREIS #S1447518

$1,334,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19 Water Street

Taxable ValueLand$12,300Additions$217,700Total$230,000
Tax Record2024$5,322 ($443 / month)
Home Facts
Baths3Total Finished SqFt2,370 SqFtAbove Grade Finished SqFt2,370 SqFtStories2Lot Size4,902 SqFtStyleDuplexYear Built1880Zoning03 - MULTI-FACountyCORTLANDAPN110200 86.80-02-44.000

Schools near 19 Water Street

This home is within Cortland City School District.
Rating
School
Type
Grades
Distance
Franklyn S Barry School
Public - K to 2
Cortland Junior High School
Public - 7 to 8
Cortland Junior Senior High School
Public - 9 to 12
St Mary's School
Private - PK to 6
Rating
School
Distance
Franklyn S Barry School
PublicK to 2

Cortland Junior High School
Public7 to 8

Cortland Junior Senior High School
Public9 to 12

St Mary's School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 19 Water Street, Cortland, NY 13045

19 Water Street is a multi-family home for sale in Cortland, NY 13045. This property was listed for sale on June 18, 2025 by The Real Estate Agency, it's currently listed at $332,900. This listing's school district is Cortland City School District. Nearby schools include Franklyn S Barry School, Cortland Junior High School and Cortland Junior Senior High School. 19 Water Street is a 9-bed, 3-bath, 2,370 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Agency

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.