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32-42 Owego St. Cortland, NY 13045

32 Owego St, Cortland, NY, USA

Under Contract

$1,500,000

Property Description

Rare opportunity to own a mixed use portfolio in the heart of Cortland! Property being sold as a package consisting of 32-34 Owego St. - Cortland Produce, 36-40 Owego St. - Mixed-Use building with 7 apartments & 1 commercial space, 42 Owego St. - duplex. Plenty of parking for all tenants with 65+ parking spaces. This property is being sold at an 11% cap rate based on current income and 12 months of expenses. Property is stabilized and producing strong cashflow with the upside to increase total income.

Contact Agent

Property Details

Property Type

Year Built

Mixed-Use

1972

Property Location

32 Owego St, Cortland, NY, USA

TO CONTACT DANTÉ

PLEASE CALL OR EMAIL US:

Tel: 315-794-1522

Email: dante.belmonte@huntrealestate.com

7650 Highbridge Rd.

Manlius, NY 13104

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© 2023 by Dante Belmonte Real Estate LLC 

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