Seller's Agent in 2025
Emily Russell
Warren Real Estate of Ithaca Inc.
(607) 280-7359
12 Total Sales
206 Sapsucker Woods Rd Ithaca, NY 14850
Northeast Ithaca Area
6
Beds
6
Baths
3,316
Sq Ft
0.4
Acre Lot
Highlights
- Deck
- Property is near public transit
- Thermal Windows
- Northeast School Rated A
- Private Yard
- Brick or Stone Mason
About This Home
As of August 2025Fully rented multi-family investment opportunity just minutes from Cornell and Sapsucker Woods! This well-cared for property features four desirable units—two 2-bedroom, 1.5-bath apartments and two 1-bedroom, 1-bath apartments—each with in-unit washer/dryer, dishwasher, and air conditioning. Apartment 2A includes a private garage and deck, while the remaining units share access to the front and side yards. A new boiler and hot water heater were installed earlier this year. Owned by the same seller for 18 years, the property boasts a strong rental history, with three long-term tenants in place for over five years. Set in a prime location near scenic trails and world-renowned birdwatching, this is a turn-key investment offering solid income and promising long-term potential.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-280-7359 License #10401375685 Listed on: 06/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,704
Year Built
- Built in 1975
Lot Details
- 17,424 Sq Ft Lot
- Lot Dimensions are 100x175
- Partially Fenced Property
- Rectangular Lot
- Private Yard
Parking
- 1 Car Garage
- Parking Available
- Garage Door Opener
Home Design
- Quadruplex
- Brick or Stone Mason
- Block Foundation
- Frame Construction
- Blown-In Insulation
- Pitched Roof
- Asphalt Roof
- Wood Siding
- Shake Siding
- Copper Plumbing
- Cedar
Interior Spaces
- 3,316 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Northeast Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- PEX Plumbing
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- The owner pays for grounds care, heat, hot water, snow removal, water
- Tax Lot 3
- Assessor Parcel Number 70.-10-3.19
Community Details
Overview
- Association fees include common area maintenance, gardener, heat, hot water, snow removal, water
- 4 Units
- Northeast Subdivision
Recreation
- Trails
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- Operating Expense $4,906
- Gross Income $62,316
- Net Operating Income $47,706
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 22, 2022
Sold by
Bought by
Purchase Details
Closed on
May 4, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
0.0623%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 25, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $255,000 | Mariette Geldenhuys | ||
| $190,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $4,571 | ||
| Previous Owner | $204,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $557,001 | +2.2% | $168 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 06/30/2025 06/30/25 | For Sale | $545,000 | -- | $164 / 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 | -- | $340,000 | $35,000 | $305,000 |
| 2024 | $9,704 | $340,000 | $35,000 | $305,000 |
| 2023 | $10,474 | $340,000 | $35,000 | $305,000 |
| 2022 | $11,012 | $340,000 | $35,000 | $305,000 |
| 2021 | $10,844 | $330,000 | $35,000 | $295,000 |
| 2020 | $10,475 | $330,000 | $35,000 | $295,000 |
| 2019 | $5,001 | $310,000 | $35,000 | $275,000 |
| 2018 | $10,254 | $310,000 | $35,000 | $275,000 |
| 2017 | $10,022 | $300,000 | $35,000 | $265,000 |
| 2016 | $9,274 | $275,000 | $35,000 | $240,000 |
| 2015 | -- | $260,000 | $35,000 | $225,000 |
| 2014 | -- | $260,000 | $35,000 | $225,000 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Russell
-
Tyler Parseghian
Buyer's Agent in 2025
Tyler Parseghian
Howard Hanna S Tier Inc
(315) 406-2852
26 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1618852
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