5 unit apartment building located in the East Hill Historic District, convenient to both colleges and The Ithaca Commons. This is a beautiful bldg with hardwood flrs, 10' high ceilings, fireplace mantels, and some ornamental cresting on the western roof. Fully leased through 7.31.24 at $96,480 plus laundry and including all utilities. Income from one washer and dryer & potential income from 4 parking spaces is not included in this figure. Large lot Property extends up hillside at rear and includes 4 off street parking spaces, a detached garage (in as is condition), all of which are accessed off North Quarry Street. Lots more potential income from some under-rented units and unleased parking spaces. 2020 Certificate of Compliance for 11 unrelated occupants. Some units are partially furnished.
R1528809
Other, 3+ Story
5
Tompkins
1880
0.2688
Acres
Public Water
3
Frame, Wood Siding
3,523
Sq. Ft.
East Hill Historic Dist.
Cable Available, Sewer Connected, Water Connected
5 Total
School Information
Ithaca
Belle Sherman
Dewitt Middle
Detailed Room Information
- Laundry
- Common Area
- Kitchen
- Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood
Interior Features
- Appliances
- Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
- Flooring
- Hardwood, Ceramic Tile, Vinyl, Carpet, Varies
- Cooling
- Zoned
- Heating
- Electric Heating. Baseboard, Zone, Hot Water.
- Plumbing
- Electric Water Heater
- Basement
- Full
- Security
- Fire Escape
- Additional Interior Features
- Natural Woodwork
Exterior / Lot Features
- Parking
- Gravel.
- Exterior
- Frame
- Roof
- Flat, Asphalt, Shingle
- Lot Dimensions
- 92X127
- Additional Exterior/Lot Features
- Irregular Lot, Near Public Transit.
Community Features
- Security Features
- Fire Escape
- Complex Features
- Fire Escape
Financial Considerations
500700-68.-2-7
$17,095
Cash, Conventional, FHA, USDA Loan, VA Loan
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