Listing Courtesy of: 6072590021 - Kevin Duffey - Howard Hanna S Tier Inc
607-257-0800
$559,900
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316 W Seneca St Ithaca, NY 14850
Multi-Family
Residence
5
Beds
4
Baths
...
Bed/Bath
2,747
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other. This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, mak...ing this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014. In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished. Net operating income is over $36,000! Gross income is $55,920!
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MLS#
R1638081
Property Type
Multi-Family
Bedrooms
5
Bathrooms
3 Full/1 Half
Year Built
1860
Square Feet
2,747
sq. ft
Lot Size
0.17
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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