20 & 20.5 Charles St, Cortland, NY, 13045
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Oven,Electric Range,Gas Oven,Gas Range,Gas Water Heater,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 2
Features
- Ceiling Fan(s)
- Flooring: Hardwood,Varies
Heating
- Heating features: Electric,Gas,Baseboard,Forced Air
Interior Area
- Total structure area: 5,652
- Total interior livable area: 5,652 sqft
Property
Details
- Parcel number: 11020008605000020350000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Blacktop Driveway
Lot
- Lot size: 5,662 sqft
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 48 x 118
Parking
- Parking features: Three or more Spaces,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Cortland County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,259 | $15,108 |
| Home Insurance * | $138 | $1,656 |
| Property Taxes | $456 | $5,472 |
| Electricity | $934 | $11,208 |
| Total | $2,787 | $33,444 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-19 | Listed for sale | $249,000 |
For Sale by Agent
View on Zillow