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$135,000
157 Days On Site

16 South Avenue
Cortland, NY 13045

For Sale|Multi Family|Pending
5
Beds
2
Total Baths
2
Full Baths
1,940
SqFt
$70
/SqFt
1890
Built
County:
Cortland
Listing courtesy of Heriberto Pezzino of Yaman Real Estate 6073723214
Call Now: (607) 288-4881
Is this the listing for you? We can help make it yours.
(607) 288-4881
16 South Avenue16 South Avenue16 South Avenue16 South Avenue
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Monthly Payment (Est.)

$616
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Dual-unit duplex just steps from SUNY Cortland and downtown—an ideal rental property or starter portfolio asset. The home features 2?BR/1?BA and 3?BR/1?BA units, both fully rented with separately metered utilities and landlord-covered water/sewer. Recently updated heating and low-maintenance systems help streamline operations. Shared driveway provides adequate parking. Priced at $135,000 with a strong 13.3% cap rate and immediate cash flow. Can be sold individually—or bundled with 24–26 South Ave and 35 Clinton St for investors seeking scale and diversification.

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Listing Snapshot
Price 
$135,000
Days On Site 
157 Days
Bedrooms 
5
Inside Area (SqFt) 
1,940 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1779 Acres
Year Built 
1890
MLS® Number 
S1618978
Status 
Pending
Property Tax 
$2,284
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoStatus changed to Pending
6 days agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.1779
Cross Street 
Main St.
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
1940
Style 
Duplex
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Flooring 
OtherSee RemarksVariesVinyl
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Aluminum Siding
Lot Features 
Near Public TransitRectangular Lot
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
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 Heriberto Pezzino of Yaman Real Estate 6073723214



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: 2025-12-14 07:46 PM 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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