5 unit apartment building located in the East Hill Historic District, convenient to both colleges and The Ithaca Commons. This is a beautiful building with hardwood floors, 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.
