Active
15 beds9,416 sqft$35/sqft
5763 Telephone Rd, Cincinnatus, NY 13040
Est: $2,133/moGet pre-approved
Multi FamilyProperty Type
8,712 sq ftLot Size
1900Year Built
$35/sq ftPrice per sq ft

Description

Attention Investors! Now is the perfect opportunity to invest and keep the income going! This property includes 6 fully rented apartments, all secured with lease agreements. With a low inventory of rental units in Cincinnatus, vacancies are rare, making these apartments a reliable source of income.Attention Investors! Now is the perfect opportunity to invest and keep the income going! This property includes 6 fully rented apartments, all secured with lease agreements. With a low inventory of rental units in Cincinnatus, vacancies are rare, making these apartments a reliable source of income.
159 days on Market
  • Listed by: Robert J. Farrell • EXIT REALTY HOMEWARD BOUND
Last updated: 08/06/2026 01:02 PM • Source: Greater Binghamton Association of REALTORS, MLS#: 335104

Location

Listing Courtesy of EXIT REALTY HOMEWARD BOUND
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$2,133 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$482

HOA Dues

$0

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Property Information for 5763 Telephone Road

Property Details
  • Taxes: $5,778 / year
  • MLS Type: Residential Income / Apartment
  • Architectural Style: MultiFamily
  • Zoning: Hotel
Building Information
  • Building/Complex: 5763 Telephone Rd
  • Residences: 6
  • Year Built: 1900
Summary
Location and General Information
  • City: Cincinnatus
  • County Or Parish: Cortland
  • Directions: Route 26 N from Whitney Point - turns into Lower Cincinnatus Rd to Telephone Rd - Building on the corner
  • Postal City: Cincinnatus
  • Township: Cincinnatus
  • State Or Province: NY
  • MLS Area Major: Area 12
  • Postal Code: 13040
  • Zoning Description: Hotel
Taxes and HOA Information
  • Tax Annual Amount: $5,778.00
  • Tax Assessed Value: $225,000.00
  • Tax Book Number: 112000-123-005-0001-015-
School Information
  • Elementary School: Cincinnatus
  • Elementary School District: Cincinnatus
  • High School District: Cincinnatus
  • Middle Or Junior School District: Cincinnatus
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: ParkingSpaces
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 9416.0
  • Below Grade Finished Area: 0.0
  • Living Area: 9416.0
  • Lot Features: Level
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 84 x 106
  • Lot Size Units: Acres
Property and Assessments
  • Sign On Property: No
  • Year Built: 1900
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: WoodSiding
Utilities
  • Sewer: SepticTank
  • Utilities: CableAvailable
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: ElectricWaterHeater
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Baseboard
  • Heating: Yes
  • Bathrooms Full: 6
  • Bedrooms Total: 15
Room Information
Room 1
  • HumanModified: No
Room 2
  • HumanModified: No
Room 3
  • HumanModified: No
Room 4
  • HumanModified: No
Room 5
  • HumanModified: No
Room 6
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
Income & Expenses Information
  • Fuel Expense: $8,900.00
  • Insurance Expense: $5,400.00
  • Electric Expense: $.00
Unit 1
  • Actual Rent: $1,205.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,205.00
Unit 2
  • Actual Rent: $1,250.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,250.00
Unit 3
  • Actual Rent: $1,150.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,150.00
Unit 4
  • Actual Rent: $1,200.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,200.00
Unit 5
  • Actual Rent: $1,083.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,083.00
Unit 6
  • Actual Rent: $1,300.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,300.00

Property History for 5763 Telephone Road

DateEvent & SourcePriceAppreciation
Aug 6, 2026

Price Change

Greater Binghamton Association of REALTORS #335104

$325,000
May 18, 2026

Price Change

Greater Binghamton Association of REALTORS #335104

$399,900
Mar 23, 2026

Listed (Active)

Greater Binghamton Association of REALTORS #335104

$450,000
DateEvent & SourcePrice
08/06/2026

Price Change

Greater Binghamton Association of REALTORS #335104

$325,000
05/18/2026

Price Change

Greater Binghamton Association of REALTORS #335104

$399,900
03/23/2026

Listed (Active)

Greater Binghamton Association of REALTORS #335104

$450,000

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

Public Records for 5763 Telephone Road

Taxable ValueLand$15,000Additions$210,000Total$225,000
Tax Record2025$7,775 ($648 / month)
Home Facts
Total Finished SqFt8,800 SqFtAbove Grade Finished SqFt8,800 SqFtUnfinished Basement SqFt616 SqFtStories3Lot Size8,904 SqFtStyleRestaurantYear Built1840CountyCORTLANDAPN112000 123.05-01-15.000

Schools near 5763 Telephone Road

This home is within Cincinnatus Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Cincinnatus Elementary School
PublicPK to 4

Cincinnatus Middle School
Public5 to 8

Cincinnatus High School
Public9 to 12

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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5763 Telephone Road is a multi-family home for sale in Cincinnatus, NY 13040. This property was listed for sale on March 23, 2026 by EXIT REALTY HOMEWARD BOUND, it's currently listed at $325,000. It has been on the market for a total of 159 days and was last sold on December 10, 2021. This listing's school district is Cincinnatus Central School District. Nearby schools include Cincinnatus Elementary School, Cincinnatus Middle School and Cincinnatus High School. 5763 Telephone Road is a 15-bed, 6-bath, 9,416 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT REALTY HOMEWARD BOUND

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.