608 East State Street
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.
421 North Aurora Street
Extensively renovated in 2011, this stately office building is now occupied by a collection of professional office tenants. Current rent roll is $6907/month with one vacant office-could be nearly $90K/yr. 8 parking spaces on site, plus spaces in the attached 2500 sqft. barn/garage. Tall ceilings, hardwood floors, two kitchens and 1.5 baths. Main level ramp permits handicap access. Allowable uses include two-unit residential property, but more units or mixed use may be possible with variance and modifications. Buyers should consult their experts and City of Ithaca Building & Planning Depts to discuss their intentions. Some tenants have expressed interest in extending their leases. Structural inspection report and list of improvements available for review.
408 North Tioga
Rare Opportunity to restore this stately and historic Italianate home, located just north of Ithaca Commons and within a block of the Tompkins County Court House. The building has been used for decades as an office building. It has 2 office suites with a total of 16 offices. Zoning is the C-SU- The Courthouse Special […]
564 Popple Hill Road
Unique opportunity to own a commercial building with a large warehouse section and three offices, one of which is also a large retail space with a separate entrance for the public, a loading dock, and an extra 1.3-acre building lot. Located in Berkshire, this property is equidistant to Ithaca, Cortland, and Binghamton. 200 Amp electric service, a large overhead door on the loading dock, hot water baseboard heat as well as a wood stove backup. The building has a full bathroom as well as a kitchenette corner. The roof is young, the windows are in excellent condition. Excellent high-speed internet.
202 Stewart Avenue
Lower Collegetown 4-unit, circa 1910, and located in the East Hill Historic District, which governs the exterior of the building. 2 four-bedroom apartments, one 3-bedroom, and one 2-bedroom unit. The lowest level two-bedroom unit, once occupied by the bldg manager, is now vacant. Projected income of $113,400, including current rents of over $99K. Additional $13,200 from the now-vacant unit + $1200 rent for the parking space. House is largely furnished by the owner, who also pays for all utilities and laundry. Apartment One, the 3-bedroom unit, is already leased for 2023/2024 at $750/br. Excellent mechanicals and 10-year-old tear-off roof.
4157-4187 Swamp College Rd #C
Scenic 4.73 acre meadow is the perfect place to build in the Trumansburg School District. Parcel formed from consolidation of 2 smaller parcels. There’s a creek near the rear of the parcel. Two homes were removed from these parcels. No wells or septics on this lot. Multiple utility poles serve the property, but new services will have to be installed. Survey, soil map and drone photos in docs. The other properties still for sale are 4162 Swamp College Rd, a renovated Greek Revival farmhouse on 19.88 acres (MLS #408657, asking $650k) and the adjoining 29 acres of organic farmland to the west of it, (MLS# 408647, asking $250k).DSL with high download and upload speeds avail to nearby properties through OTT Broadband in TBurg. New assessment TBD.
2117 Danby Road
Will it be you? Take this 2-Bedroom Bungalow in the Ithaca City School District from now to WOW! The current homeowner must sell before the job is done but has laid the groundwork for the next buyer to hit it out of the park! Newer septic, 200-amp service, metal roof, and great side porch with northeast morning views. 1.75 acres for food growing, play, and gathering!
You’ll need cash or a rehab loan for this one but so many possibilities and so much potential.
502 University Avenue
One of the oldest homes on University Avenue, the Mary B. Wood House was built for and occupied by Ezra Cornell’s mother-in-law and is named after her. The house is Second Empire style and was built in 1873. Please note: for first 30 days after listing, properties at 502,504,508 and 510 University will be sold only as a package with a list price of $2,400,000. Gross income of this bldg. $65,520.Converted to student housing in the 1980s, this house now has 5 units, legal for 8 unrelated people. 2019 Certificate of Compliance to convey. Landlord’s style is to pay utilities, though there are 3 heating systems and future owner could pass on heating costs for 2 units.3rd heating system heats 3 remaining apts. Landlord provides hot and cold water, some furnishings and all appliances on site; seller to provide inventory. Tenants in all four buildings have rights to use coin-op laundry located at 508 University.
605 Utica Street
Worth the Work in Fall Creek!!! Ever walk past this house and wish someone gave it a second chance? Well now’s your opportunity! Amazing location only a few blocks to schools, waterfalls, coffee shops, and Stewart Park. Bring your ideas and contractors. Contact a Buyer’s Agent today. Cash and serious buyers only. Use extreme caution. Home is partially cleared out. Everything on the property and in the home conveys in as is condition. This is an estate, no PCD. Any offers to be reviewed on 11/14/22 at noon.
