Excellent investment opportunity hear Cornell University. Apartment-rooming house combo in walking distance to Cornell, Collegetown and downtown. Legal for 14 unrelated persons, the house has 2 apts and 4 rooms to rent, though the floor plan allows flexible leasing possibilities. Certificate lists terrace 2 bedroom apartment, 1st floor as four rooms, 2nd and 3d floor as an 8 bedroom aparment. Currently leased to 3 different groups: main floor & terrace apt are one lease, 2nd floor one lease and 3rd floor one lease. Tenants pay electricity and water/sewer. There are also 13 parking spaces, 7 are currently leased at $900 per space per year. House has not been leased for next school year but leasing in progress..
Property Type(s):
Multi Family
|
Last Updated
|
1/27/2023
|
Tract
|
East Hill Historic District
|
|
Year Built
|
1890
|
Community
|
East Hill/Bryant Pk
|
|
County
|
Tompkins
|
SCHOOLS
| School District |
Ithaca |
| Elementary School |
Belle Sherman |
Price History
|
Prior to Jan 27, '23
|
$1,750,000 |
| Jan 27, '23 - Today |
$1,550,000 |
Additional Details
| APPLIANCES |
Range Hood, Refrigerator, Stove-Gas, Washer/Dryer Shared |
| AREA |
East Hill/Bryant Pk |
| BASEMENT |
Concrete Floor, Full, Partially Finished, Walkout Ext Access, Yes |
| CONSTRUCTION |
Existing |
| GARAGE |
None |
| HEAT |
Baseboard, Electric, Forced Air, Furnace, Hot Water, Natural Gas, Radiator, Steam |
| LOT DIMENSIONS |
117x130 |
| PARKING |
7-10,Paved |
| SEWER |
Municipal-Existing |
| STYLE |
5-10 Units |
| SUBDIVISION |
East Hill Historic District |
| WATER |
Municipal-Existing |
| ZONING |
R-3a |
Location
Listing provided by Christopher Anagnost, Christopher George Real Estate
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2023.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email
