NOT LISTED FOR SALE

1289 Ellis Hollow Rd Ithaca, NY 14850

-- Bed
-- Bath
4,950 Sq Ft
1.88 Acres

Last Sold April 18, 2023

Last sale price $618,000 $125 Per Sq Ft

305 Days on Market

Highlights

  • 1.88 Acre Lot
  • Baseboard Heating
  • Coin Laundry
  • DeWitt Middle School Rated A-

About This Home

As of April 2023

Exciting East Hill Investment Opportunity! Situated in a country setting on just shy of 2 acres, 5-10 minute drive to Cornell University and downtown Ithaca. The spacious lot has a huge green space great for entertaining, abundant parking, and extra storage sheds. 5 of 6 apartments are 2 bedrooms, with generous living rooms, roomy bedrooms, and large kitchens for grand entertaining. Updated custom concrete or stainless steel counters, laminate flooring/tile throughout. Amenities such as coin-op laundry and garbage onsite make this property turn key!All units have separate gas/electric meters (which tenants are responsible for). Added bonus of hot water heater and furnaces for each unit make this an ideal investment possibility!

Last Agent to Sell the Property

Alanie Woodin

RE/MAX In Motion Brokerage Email: alanie@hartandhomes.com License #10401354150 Listed on: 05/18/2022

RE/MAX In Motion

Last Buyer's Agent

Alida Osetek

Berkshire Hathaway HomeServices Heritage Realty License #10401351986

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1.88 Acre Lot

Home Design

  • 4,950 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Metal Roof

Kitchen

  • Electric Oven
  • Electric Range

Schools

  • Caroline Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Separate Meters
  • Well
  • Septic Tank

Community Details

  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity, heat

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 1.88
  • Year Built: 1985
  • Attribution Contact: alanie@hartandhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Living Area: 4950.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block
  • Roof: Metal

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Cooling: Separate Meters
  • Heating: Gas, Separate Meters, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 81893.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $618,000 -3.4% $125 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
05/18/2022 05/18/22 For Sale $640,000 -- $129 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406643