Seller's Agent in 2024
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
(607) 227-3016
2 in this area
137 Total Sales
908 Danby Rd Ithaca, NY 14850
South Hill Neighborhood
4
Beds
4
Baths
2,915
Sq Ft
0.44
Acres
Highlights
- Property is near public transit
- Wood Flooring
- Energy-Efficient Appliances
- South Hill School Rated A-
- Thermal Windows
- Hot Water Heating System
About This Home
As of October 2024Solid 4-unit investment rental with excellent rental history just outside the City of Ithaca. Fully leased through July 2025 with $66,000 gross income. Less than 1% vacancy over the past 24 years! Well maintained overall with newer windows, several units with updated kitchens, hardwood flooring in 3 of 4 units, LVT flooring in 1 unit. Some natural woodwork; 1 unit with exposed brick in kitchen; 1 unit with covered porch for entry/access. 3-car covered garage parking spaces and 4th garage space under house (full basement has potential for laundry hookups). Driveway is circular with ample off-street parking. Walk up attic for dry storage. Vinyl siding adds to low maintenance capital costs. Close to downtown Ithaca, Ithaca College and Cornell University. Rents include heat & electric, hot water, lawn mowing, snow removal. Tenants pay for their own garbage removal, laundry, cable/internet. Showings allowed with 24 hour notice as per NYS Rental Laws. Invest in Ithaca!
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-227-3016 License #30DE0840160 Listed on: 07/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,470
Year Built
- Built in 1975
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 100x190
- Rectangular Lot
Parking
- 3 Car Garage
- Parking Available
- Common or Shared Parking
Home Design
- Quadruplex
- Poured Concrete
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 2,915 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- South Hill Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Heating System Uses Steam
- PEX Plumbing
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient Appliances
- Property is near public transit
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 503089-040-000-0003-006-000-0000
Community Details
Overview
- Association fees include electricity, gardener, heat, hot water, parking, snow removal, water
- 4 Units
Building Details
- Net Operating Income $39,947
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Sold | $530,000 | -3.6% | $182 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 08/31/2024 08/31/24 | Price Changed | $550,000 | -2.7% | $189 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $565,000 | -- | $194 / Sq Ft |
Source: Ithaca Board of REALTORS®
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 | $9,224 | $320,000 | $20,000 | $300,000 |
| 2023 | $7,826 | $240,000 | $20,000 | $220,000 |
| 2022 | $8,130 | $240,000 | $20,000 | $220,000 |
| 2021 | $7,962 | $230,000 | $20,000 | $210,000 |
| 2020 | $7,964 | $230,000 | $20,000 | $210,000 |
| 2019 | $4,149 | $220,000 | $20,000 | $200,000 |
| 2018 | $7,571 | $220,000 | $20,000 | $200,000 |
| 2017 | $6,955 | $200,000 | $20,000 | $180,000 |
| 2016 | $6,952 | $200,000 | $20,000 | $180,000 |
| 2015 | -- | $185,000 | $20,000 | $165,000 |
| 2014 | -- | $185,000 | $20,000 | $165,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christine DelVecchio
-
Rob Armstrong
R
Buyer's Agent in 2024
Rob Armstrong
PPM Homes LLC
(607) 272-1765
1 in this area
5 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1553707
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