Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University s Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.
R1532134
Other, 2 Story
9
Tompkins
1980
0.15
Acres
Public
2
Other, See Remarks
2,973
Sq. Ft.
Cable Available, Sewer Connected, Water Connected
2 Total
School Information
Ithaca
Belle Sherman
Dewitt Middle
Ithaca Senior High
Detailed Room Information
- Kitchen
- Dishwasher, Electric Oven, Electric Range, Refrigerator
Interior Features
- Appliances
- Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
- Flooring
- Hardwood, Tile, Varies
- Heating
- . Forced Air.
- Plumbing
- Gas Water Heater
- Basement
- Full
Exterior / Lot Features
- Parking
- No Garage.
- Exterior
- Other
- Roof
- Asphalt
- Lot Dimensions
- 50X132
Financial Considerations
500700-068-000-0005-015-000-0000
$39,974
Cash, Conventional
Arrows indicate 90 day trend
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