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$1,795,000
31 Beds ⋅ 8 Baths ⋅ S1691033 MLS
Welcome to 52 Prospect Terrace, a rare investment opportunity located directly across the street from SUNY Cortland. This high-density student housing asset consists of four rental units totaling 31 bedrooms and 8 bathrooms, offering exceptional income-producing potential in one of the area's most desirable student housing locations. The property features four spacious units configured as follows: one 5-bedroom, 2-bath unit; one 8-bedroom, 2-bath unit; one 10-bedroom, 3-bath unit; and one 8-bedroom, 2-bath unit. The group leasing structure has proven highly effective, supporting strong occupancy and consistent rental demand year after year. Positioned just a 30-second walk from campus, students enjoy unparalleled convenience, making this one of the premier off-campus housing options available. Its unmatched location directly adjacent to SUNY Cortland has contributed to a long and successful operating history with reliable rental income and steady tenant demand. The asset offers investors a unique opportunity to acquire a large-scale student housing property in a market with limited comparable inventory and significant barriers to new development. Combining exceptional scale, a premier location, and a proven rental history, 52 Prospect Terrace stands out as one of the most compelling student housing investment opportunities available in the SUNY Cortland market. Whether expanding an existing portfolio or acquiring a flagship income-producing asset, this property delivers the stability, demand, and long-term investment potential sought by today's investors.

52 Prospect, Cortland
$110,000
4 Beds ⋅ 3 Baths ⋅ S1660440 MLS
Income-producing property with tenant in place. Currently leased through January 2027 with consistent monthly rent. Great opportunity for investors seeking immediate cash flow. Please do not disturb occupants.

243 Palmer Avenue, Syracuse

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.