Excellent investment opportunity within minutes of the Ithaca Commons. 8 unit apartment complex on over 2 acres of park-like surroundings. Each apartment has 2 bedrooms with a full and a half bathroom. Ten minutes to Cornell University. This investment property generates approximately $100,000 /year in rent. Coin-op laundry conveys with sale and provides additional income. These apartments are housed in two two-story buildings and offer 7200 total square feet of rentable space. Coin-op laundry on the first floor of one of the two buildings.
R1528678
Other, 2 Story
8
Tompkins
1980
Well
2
Metal Siding, Aluminum Siding, Block, Frame, Concrete, Steel Siding
Septic Tank
7,200
Sq. Ft.
8 Total
School Information
Dryden
Freeville Elementary
Detailed Room Information
- Kitchen
- Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
Interior Features
- Appliances
- Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
- Flooring
- Hardwood, Vinyl, Varies
- Heating
- Electric Heating. Baseboard.
- Plumbing
- Gas Water Heater
- Basement
- None
Exterior / Lot Features
- Parking
- Driveway.
- Exterior
- Aluminum, Frame, Block
- Roof
- Asphalt
- Lot Dimensions
- 340X275
- Additional Exterior/Lot Features
- Private Yard, Barn(s), Outbuilding,.
Financial Considerations
42.-1-40.112
$15,354
Cash, Conventional
Arrows indicate 90 day trend
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