202 Stewart Avenue

Ithaca, NY 14850


13 br Collegetown 4 unit, with one apt on each of four levels. Located in the EH Historic District, which governs the exterior of the building. 2 four br apts, 1 3br, and 1 2br unit. Upper units (11 of 13 brs) are rented @ $750 per month on 10 month leases for 2022 and 2023. Current leases end 5.31.23. The same rent is projected for these apts for 2023 and 2024. The 2br unit facing Seneca St. is now vacant, but is leased for 11 months at $1245 per month starting 6.20.23. Upper units are rented furnished includ. all utils and laundry. $80 per month for 10 months is the market rent for the off-street parking space. Total projected rent for 2023.2024 is $96,995. Excellent mechanicals and 10 year old tear-off roof.

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