About This Home

This 5-bedroom, 0-bathroom residential multi family at 20 & 20.5 Charles Street in Cortland, NY is listed for $229,900 ($41 per sqft). Built in 1900, the home offers 5,652 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1900
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1900

Amenities

Hardwood
Listing Description

Located in the City of Cortland, this investment property features two separate buildings with a total of six apartments and 15 bedrooms, offering strong income potential for the right buyer. With a desirable multi-unit setup and ample rental capacity, the property presents an excellent opportunity for investors looking to expand their portfolio or take on a value-add project.

Conveniently situated close to downtown Cortland, local shops, and restaurants, this property has the potential to become a solid long-term investment with improvements and modernization.

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$996
Insurance$67

Estimates only. Actual payments may vary.

Location

20 & 20.5 Charles Street

Cortland, NY 13045

Features & Amenities

Interior Features

CeilingFans

Exterior Features

BlacktopDriveway

Property Details

Flooring

VariesHardwood

Construction

WoodSiding

Parking

Garage

Heating

Forced AirBaseboardElectric (Heating)Natural Gas

Appliances

ElectricOvenElectricRangeGasOvenGasRangeGasWaterHeaterRefrigerator

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 20 & 20.5 Charles Street is listed at $229,900 ($41/sqft). The estimated monthly payment is $1,229 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.13 acre lot, 2 stories. Interior Features: CeilingFans. Exterior Features: BlacktopDriveway.

This property is listed by Melissa Skodzinsky.

MS

Melissa Skodzinsky

License 30SK0987831

Agent at Heritage Realty of Central New York

Listed by Heritage Realty of Central New York · Broker phone: (607) 428-0708 · View on Broker Site · Broker website

MLS# S1682938· Source: New York State Alliance of MLSs, LLC· 167 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

20 & 20.5 Charles Street, Cortland, NY 13045

Open this listing in: