31 Clayton Ave
Listing Notes
Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $224,000 to $535,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 51 N Church St | $224,000 | 6 bd · 2 ba |
| 20 Scammell St | $224,900 | 5 bd · 3 ba |
| 20 Bellrose Ave | $224,900 | 3 bd · 2 ba |
| 21-23 Pearl St | $224,900 | 4 bd · 2 ba |
| 20 Argyle Pl | $225,000 | 4 bd · 3 ba |
| 200 Clinton Ave | $225,000 | 2 bd · 2 ba |
| 11 Cherry Ln | $229,900 | 3 bd · 1 ba |
| 20 Reynolds Ave | $234,900 | 6 bd · 4 ba |
| 26 Owego St | $239,900 | 8 bd · 4 ba |
| 20 and 20 5 Charles St | $249,000 | 2 bd |
| 32 N Church St | $249,900 | 4 bd · 2 ba |
| 8 Glyndon Ave | $249,900 | 4 bd · 2 ba |
| 1152 The Park Apt D | $249,900 | 3 bd · 3 ba |
| 25 Yong St | $255,000 | 3 bd · 2 ba |
| 24 Reynolds Ave | $259,000 | 4 bd · 3 ba |
| 16 Park St | $289,000 | 4 bd · 2 ba |
| 4016 Kinney Gulf Rd | $300,000 | 4 bd · 2 ba |
| 19 Water St | $314,900 | 9 bd · 3 ba |
| 4329 Alexandria Dr | $315,000 | 3 bd · 3 ba |
| 26 Lincoln Ave | $324,900 | 10 bd · 4 ba |
| Starr Rd | $349,900 | — |
| 73 Groton Ave Unit 69-71 | $384,000 | 12 bd · 4 ba |
| 62 Church St | $459,000 | 4 bd · 3 ba |
| 6 Monroe St | $535,000 | 15 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more