$290,000
UNDER CONTRACT

2451 N Triphammer Rd Ithaca, NY 14850

Estimated payment $2,160/month

Total Views 5,155
5 Beds
3.5 Baths
2,739 Sq Ft
$106 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Corner Lot
  • DeWitt Middle School Rated A-
  • 1 Fireplace
  • Woodwork

About This Home

OPPORTUNITY KNOCKS! Prime development location with municipal services offers income to carry. This 3 unit investment property... two bedroom and two 1 bedrooms... currently is leased below market rent and with some updating and vision could be a gem of a money maker. Solid building close to Cayuga Mall, Triphammer Mall and Pyramid Mall and medical. Large expansive one acre lot with two roads of frontage offers expansion possibilities. Adjacent investment property with municipal services may have right of first refusal or possibly purchased at the same time for a total of 1.7 acres. Property is being sold "as-is".

Listing Agent

Kathleen Markowski

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-342-0778 License #30MA0818780 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1839

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 199x198
  • Corner Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Garage
  • Parking Available

Location

  • Property is near public transit

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503201-045-002-0001-022-000-0000

Community Details

Overview

  • Association fees include common area maintenance, heat, water
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1839

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: 199X198
  • Directions: North Triphammer past McDonalds and Lama on the right on the corner of Brook Road.
  • Architectural Style: Triplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing Unknown
  • Year Built: 1839
  • Attribution Contact: 607-342-0778
  • Special Features: UnderContract
  • Stories: 2
  • Year Built: 1839

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Grounds Care, Heat, Water
  • Has Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Natural Woodwork
  • Living Area: 2739.0
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Foundation Details: Other, Poured, See Remarks
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Heat, Water

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503201-045-002-0001-022-000-0000
  • Zoning Description: Other - See Remarks

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6700.0

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

Tax History

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
2024 $5,613 $290,000 $90,200 $199,800
2023 $5,613 $209,000 $90,200 $118,800
2022 $5,223 $190,000 $90,200 $99,800
2021 $5,055 $180,000 $90,200 $89,800
2020 $5,016 $180,000 $90,200 $89,800
2019 $1,760 $180,000 $90,200 $89,800
2018 $4,565 $160,000 $90,200 $69,800
2017 $4,636 $160,000 $50,000 $110,000
2016 $4,642 $160,000 $50,000 $110,000
2015 -- $160,000 $50,000 $110,000
2014 -- $160,000 $50,000 $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $290,000 -- $106 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $164,970 Mazza Edward
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,225 New Conventional
Source: Public Records

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Source: Ithaca Board of REALTORS®

MLS Number: R1616828

APN: 503201-045-002-0001-022-000-0000