R
Seller's Agent in 2024
Rick Glabach
Warren Real Estate of Ithaca Inc. (Downtown)
192-198 Pinckney Rd Ithaca, NY 14850
8
Beds
2
Baths
7,200
Sq Ft
1980
Built
Highlights
- Barn
- Private Yard
- Coin Laundry
- Wood Flooring
- Baseboard Heating
About This Home
As of December 2024Excellent investment opportunity within minutes of the Ithaca Commons. 8 unit apartment complex on over 2 acres of park-like surroundings. Each apartment has 2 bedrooms with a full and a half bathroom. Ten minutes to Cornell University. This investment property generates approximately $100,000 /year in rent. Coin-op laundry conveys with sale and provides additional income. These apartments are housed in two two-story buildings and offer 7200 total square feet of rentable space. Coin-op laundry on the first floor of one of the two buildings.
Last Agent to Sell the Property
Rick Glabach
Warren Real Estate of Ithaca Inc. (Downtown) License #10401350105 Listed on: 04/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,354
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 340x275
- Private Yard
Home Design
- Slab Foundation
- Frame Construction
- Asphalt Roof
- Aluminum Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 8 Bedrooms
- 7,200 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
Flooring
- Wood
- Vinyl
Parking
- 1.5 Car Garage
- Driveway
Schools
- Freeville Elementary School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Well
- Gas Water Heater
- Septic Tank
Additional Features
- Outbuilding
- Barn
Listing and Financial Details
- The owner pays for grounds care, trash collection, water
- Assessor Parcel Number 42.-1-40.112
Community Details
Overview
- Association fees include common area maintenance, trash collection, water
- 8 Units
Amenities
- Coin Laundry
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2024 12/21/24 | Sold | $775,200 | -2.5% | $108 / Sq Ft |
| 10/27/2024 10/27/24 | Off Market | $795,000 | -- | -- |
| 08/16/2024 08/16/24 | Price Changed | $795,000 | -9.1% | $110 / Sq Ft |
| 08/05/2024 08/05/24 | Price Changed | $875,000 | -10.3% | $122 / Sq Ft |
| 04/22/2024 04/22/24 | For Sale | $975,000 | -- | $135 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $600,000 | $40,000 | $560,000 |
| 2024 | $16,976 | $600,000 | $40,000 | $560,000 |
| 2023 | $15,353 | $480,000 | $40,000 | $440,000 |
| 2022 | $15,696 | $480,000 | $40,000 | $440,000 |
| 2021 | $15,715 | $470,000 | $40,000 | $430,000 |
| 2020 | $15,632 | $470,000 | $40,000 | $430,000 |
| 2019 | $5,518 | $470,000 | $40,000 | $430,000 |
| 2018 | $15,966 | $470,000 | $40,000 | $430,000 |
| 2017 | $15,122 | $450,000 | $40,000 | $410,000 |
| 2016 | $15,136 | $450,000 | $40,000 | $410,000 |
| 2015 | -- | $400,000 | $40,000 | $360,000 |
| 2014 | -- | $400,000 | $40,000 | $360,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Andrew Schreck
A
Buyer's Agent in 2024
Andrew Schreck
Warren Real Estate of Ithaca Inc. (Downtown)
(585) 802-7827
43 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1528678
APN: 502489-042-000-0001-040-112-0000
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