119 Utica Street
This home is in an Estate and is a fixer-upper. It is in a poor state of repair and is selling as is, with contents in place. It is a project worth doing, with large open rooms, a lower level fireplace in unknown condition, hardwood floors, large windows and lots of character. Though the City classified it as a two-family home until 1980, it has been used as a single family since then and buyer should confirm permissible use. 2021 structural inspection report is available through your agent. There are 2 kitchens, 2 electric service panels, and 2 boilers. Seller reports that the plumbing froze in recent years and buyer should be prepared to completely restore this property and replace all plumbing, appliances, and fixtures. Cash or construction financing only.
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.
973 East State Street
1915 Craftsman maintained and upgraded by exceptional stewards. Foster Custom Kitchen redesigned the kitchen and 2nd story full bath. Note the soapstone countertops, low-profile refrigerator, and classic chalkboard tucked into the corner. Formal dining leads to the rear porch with views across Six Mile Creek valley to South Hill and sunsets. Builders Best custom double-glazed storms on original living room windows for sound and temperature regulation. All other windows on the first and second floor (not the attic) were replaced with Marvin double-glazed windows. 2019 air source heat pump for heat, cooling, and hot water; the kitchen range is the only remaining gas appliance. 2nd full bath is in the attic. Close to trails, Mulholland Wildflower Preserve, and walking distance to Cornell, Belle Sherman Elementary, and The Commons. Convenient to IC. Lush native garden designed to support wildlife and pollinators.
55 Janivar Drive
Deadline for submission of offers is noon on June 13th. Lovely home in Lansing Trails, convenient to everything and part of the Ithaca City School District. Great room offers ample room to relax in front of the gas fireplace and an open dining and living area for family and friends. Eat-in kitchen has like-new quartz and butcher block countertops, a 5 burner gas range and replacement appliances. Main level primary bath is huge and fabulous with all ceramic tile finishes, double sinks and glass shower enclosure. 2nd floor loft was finished by previous owner into a bonus room with adjoining half bath. Efficient FHA heat and central air. Sliders lead to a Trek-brand deck and a private rear yard. Established and well-designed perennial gardens, too. Ample storage with a 2 car garage and 320 sq.ft. of full height, easily accessible loft storage.
110 Columbia St #3
Rare opportunity to own a ground floor 2 br unit in the Acropolis Cooperative, a 6 unit coop located in the renovated 1907 South Hill Elementary School. Completely restored by Sawtooth Builders in the 1970s, this building retains much original character including 13′ ceilings, wide hallways, chestnut woodwork, and its landmark cupola. This Coop has been successful for over 40 years, withsteady appreciation a stable set of homeowners. Occupants share modern laundry machines, energy efficient mechanicals, workshop, gardens, and storage areas. To quote the Coop’s welcome letter, We all live quite independently, but at the same time we work together to care for the building as a cohesive group. Units have been conventionally financed. HOA fee of $718.40 includes pro rata shared cost of property taxes, building insurance, hot and cold water, sewer charges, trash removal, common area utility cost, gas for ovens, maintenance and reserves. Coop financials are available to buyers.
115 Eddy Street
The postal address is Eddy, but the actual location is Orchard Pl, a tucked-away, private street at the edge of the CU campus. Orchard Place has seven homes that share the modest cost of road and sidewalk maintenance for just $75/year. This stately 3 story Arts and Crafts home was built around 1900. The property includes the sloped and fenced green that extends to Eddy St. The wide front porch leads to a formal entry with views of the sunken living room, warmed by a woodstove insert surrounded by decorative tiles. The first two levels have a traditional feel with hardwood floors and a formal dining room with pocket doors and coffered ceilings. In 1990, the former owners remodeled the attic (with permits) into a lavish private suite with cathedral ceilings, a tiled bath, walk-in closet and incredible views. The laundry area is on the second floor. 2022 furnace and 2021 dishwasher. Don’t miss the enclosed garden and fountain. No garage, but parking in front and behind the house.
301 Warren Place
First time on the market in over 50 years. Great vintage home with pegged hardwood floors and custom kitchen renovated in 2001. Fenced corner lot with established gardens and distant views. Master suite with screened porch and updated full bath with radiant heat flooring. Don’t miss the workshop with oodles of outlets and a separate thermostat that is located next to the one-car garage. Replacement windows throughout. Deck, patio, and porch for summertime grilling and gathering. Fabulous mechanicals includes a boiler with six zones, an indirect hot water heater, and laundry machines less than two years old. Cedar siding and all municipal services. 10-year-old roof.
323 Pleasant Street
Classic antique home on the City of Ithaca’s south side with some lovely modern amenities. House was gutted and restored after seller purchased it in 2000. Windows were replaced with Marvin-brand windows. Lovely floor plan with formal entry, large formal room dining room with oak floors and tall windows, main level parlor and cozy study. Updated eat-in kitchen by Foster Custom Kitchen with Marmoleum flooring, quartz counters, Bosch dishwasher and custom cherry cabinetry. Upstairs primary bedroom with full bath. Large closets upstairs and down. Kanga Roof installed a metal roof ten years ago. Delightful perennial and herb garden at rear.
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.
