$775,000
UNDER CONTRACT

Estimated payment $5,928/month

Total Views 7,394
11 Beds
5 Baths
1,187 Sq Ft
$653 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Baseboard Heating
  • South Hill School Rated A-
  • Forced Air Heating System
  • High Speed Internet

About This Home

Beautifully updated side by side duplex with a charming cottage at the back located in the heart of Ithaca! This lucrative investment opportunity is located only three blocks from the Commons! Three units fully rented until the summer of 2026 with separate utilities and ample parking. The front house has two apartments with updated kitchens, bathrooms, onsite laundry, 4 bedrooms, dry basements, and tons of storage in the attics. The back cottage has three bedrooms, an eat-in kitchen, living room, on-site laundry and two porches.

Listing Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-280-2491 License #10301201202 Listed on: 04/18/2025

Co-Listing Agent

Joshua Cope

Greenscope Properties LLC Brokerage Phone: 607-280-2491 License #10491205100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,858

Year Built

  • Built in 1922

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 74x206
  • Irregular Lot
  • 81.-6-7

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,187 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking

Location

  • Property is near public transit

Schools

  • South Hill Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 81.-6-8

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $107,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,858

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 74X206
  • Co List Office Mls Id: IB1028
  • Co List Office Phone: 607-351-2109
  • Directions: Use google maps
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1922
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 607-280-2491
  • Special Features: UnderContract
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Hardwood, Tile, Varies
  • Living Area: 1187.0
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot, Other, Near Public Transit, See Remarks
  • Waterfront: No
  • Construction Type: Frame, Wood Siding, Copper Plumbing
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common, Parking Available, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Additional Parcels Description: 81.-6-7
  • Parcel #: 81.-6-8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 107280.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 20858.0

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
04/18/2025 04/18/25 For Sale $775,000 -- $653 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1597230