$895,000

Estimated payment $6,432/month

Total Views 22,252
8 Beds
-- Bath
3,138 Sq Ft
$285 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Corner Lot
  • DeWitt Middle School Rated A-
  • 1 Fireplace
  • Brick or Stone Mason

About This Home

Great property with so much to offer! 100% occupied for all 5 unit plus parking spot! This is a perfect opportunity for owner-occupancy or investment. The first floor unit features 3 bedrooms and 1 bathroom. The upper floors contain four residential units which consist of one 2- bedroom/1-bathroom unit, and three 1-bedroom/1-bathroom units. This property occupies the northern portion of a beautiful Victorian
building constructed in the 1890s. It is conveniently located within walking distance of Cornell University, Collegetown, and downtown Ithaca. A lot of renovations newly installed. New Certificate of Compliance from the City of Ithaca until June 2027. 3D virtual tours are available for all 5 units.

Listing Agent

Chi Wah Tillberg

Warren Real Estate of Ithaca Inc. License #10401392255 Listed on: 02/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,756

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40x66
  • Corner Lot
  • Rectangular Lot

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 8 Bedrooms
  • 3,138 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Walk-Out Basement
  • Dryer

Kitchen

  • Gas Cooktop
  • Freezer

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • No Garage
  • Driveway

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 63-11-3

Community Details

Overview

  • 5 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,756

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.06
  • Lot Size: 40X66
  • Directions: Situated at the southwest corner of Stewart Avenue and East Buffalo Street. The building spans two tax parcels with different owners. This information is for the northern parcel.
  • Garage Yn: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1890
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Appliances: Dryer, Electric Cooktop, Freezer, Gas Cooktop, Gas Water Heater
  • Owner Pays: Other, See Remarks
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Total Bedrooms: 8
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Living Area: 3138.0
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Exterior Features: Concrete Driveway, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Coin-operated
  • Heating: Electric, Gas, Baseboard, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Storage Facilities
  • HOA Rent Includes: Other, See Remarks

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Parcel #: 63-11-3

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 110400.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 17756.0

Map

Range of Values:

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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
03/04/2025 03/04/25 For Sale $895,000 0.0% $285 / Sq Ft
02/27/2025 02/27/25 For Sale $895,000 +22.6% $285 / Sq Ft
10/20/2021 10/20/21 Sold $730,000 -3.3% $233 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $755,000 -- $241 / Sq Ft
Source: Ithaca Board of REALTORS®

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Source: Ithaca Board of REALTORS®

MLS Number: R1590639