Address
403 S Cayuga Street, Ithaca-City, NY
Price
$ 399,000
Property Attributes
  • MLS#R1495214
  • TypeMulti-Family
  • CountyTOMPKINS
  • CityIthaca-City
  • AreaIthaca-City
  • Zip14850
  • StyleMultiFamily
  • Year Built1900
  • Taxes$ 13029
  • Price$ 399,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2804
  • Lot Size10,045 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Fully Rented through 2023-2024 rental period!! Ithaca investment opportunity!! Located 2 blocks from downtown Ithaca, quick commute to Ithaca College and Cornell University. This 3-Unit property has outstanding rental history. From the 9-11' high ceilings, w/ charming hardwood flooring throughout, bright natural lighting, generous living spaces, and the front porches to unwind on, these two units have no issues renting. Units 1 and 2 can also be rented as a 5/6 unit with the joining staircase. Basement apartment has unique architectural charms that oozes coziness, from the luxurious in-floor heating to the Herringbone style tiles to the exposed brick, and its covered patio makes this studio very easy to rent. All units are on separate meters. Tenants are responsible for gas/electric, trash, and recycling. Seasonal off street parking behind the house with a one car covered space bring in additional income.

Price History
9/5/2023 Listed $436,800
9/15/2023 3% - $426,900
2/12/2024 6% - $405,000
3/18/2024 2% - $399,000

General Features

Interior Features CeilingFans,NaturalWoodwork
Sewer Connected
Heating Gas,ForcedAir
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Shingle
Appliances GasWaterHeater
Garage Spaces 1.0
Construction Materials WoodSiding
Year Built 1900
Stories 2
Township Not Applicable
Levels Two
Property SubType MultiFamily
County Tompkins
Net Operating Income -13029.0
Property Type Residential
Garage Y/N Yes
Rent Includes CommonAreaMaintenance,Gardener,SnowRemoval,Water
Status Active
Directions gps
City Ithaca-City
High School District Ithaca
Total Units 3
MLS Area Ithaca-City-500700
Lot Size Square Feet 10045.0
Waterfront Y/N No
Street Name Cayuga
Year Built Details Existing
Tax Annual Amount 13029.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 378000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 11

Interior Features

Basement Finished,SumpPump
Flooring Hardwood,Tile,Varies
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Window Features LeadedGlass
Fireplace Y/N No
Full Baths 3
Street Suffix Street
Total Bedrooms 6
Total Baths 3

Exterior Features

Parking Features OffSite,Other,OnStreet,SeeRemarks
Lot Features Other,SeeRemarks
Water Source Connected,Public
Lot Size Area 0.2306
Foundation Details Stone
Building Area Total 2804.0
Lot Dimensions 66X152
Lot Size Acres 0.2306
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 14850

Price
AVG $500K
$400K
Taxes
AVG $13,737
$13,029
Visits
AVG 52
77
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1900

Areas We Cover

Fair Housing Icon NY Fair Housing Notice