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.

508 University Ave

This house was built as a rooming house and income property by Evelyn Powelson, who lived at 504 University. This house has 5 units, legal for 12 unrelated tenants. Owner working on new C of C, including fresh electrical cert. Gross income is $81,200 includ. $2k annually from 2 washers and 3 dryers in laundry. Tenants in neighboring bldgs also use laundry machines. 2 Navien combo boilers/hot water heaters; one serves ground floor apt and the other heats the other units.One of the Naviens makes hot water for the laundry. Seller pays for all heat and hot water, including laundry. 2 units on main level pay their own electric, but landlord pays all other electricity. Apts are provided partially furnished; seller to provide inventory of furniture and appliances.

102 Corson Place
Ithaca, NY
Sold

MLS #403862 List Price: $500,000 [button url=”https://mediall.rapmls.com/Ithaca/listingpics/disclosure/062/04019000018966.pdf?tsp=20210322120439″ style=”soft” background=”#BF311A” size=”6″ wide=”yes” radius=”10″]Floor Plans[/button] [button url=”https://mediall.rapmls.com/Ithaca/listingpics/disclosure/034/04019000019282.pdf?tsp=20210405191453″ style=”soft” background=”#BF311A” size=”6″ wide=”yes” radius=”10″]More Information[/button] [button url=” https://www.youtube.com/watch?v=kOt6FcZMNSE&feature=youtu.be” style=”soft” background=”#BF311A” size=”6″ wide=”yes” radius=”10″]See Virtual Tour[/button] All offers will be reviewed on Sunday, April 11, 2021 at 5pm! Live, play, and work at home in this spacious 5 bedroom 4 […]

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