316 W Seneca ST Ithaca, NY 14850
5 Beds
4 Baths
2,747 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,747 sqft
Price per Sqft $171
MLS Listing ID R1638081
Style Triplex
Bedrooms 5
Full Baths 3
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1860
Annual Tax Amount $11,734
Lot Size 7,274 Sqft
Acres 0.167
Lot Dimensions 55X132
Property Sub-Type Multi Family
Property Description
Ideally located within walking distance of The Commons, Cornell University, restaurants, shopping, and Wegmans, this well-maintained property includes a spacious 3-bedroom apartment, a large 1-bedroom apartment, and a studio apartment.
Significant improvements include a new boiler (2022), new hot water heater (2024), porch roofs (2024), and the main roof replaced in 2014. The current Certificate of Occupancy is valid through September 2026 and a new 3-year COO is in progress.
The 3-bedroom apartment and studio are furnished, and utilities (except phone, cable, and internet) are included.
This is an excellent opportunity for investors seeking a stabilized multifamily property with established tenants and a strong rental history in one of Ithaca's most desirable rental markets.
All three units are fully leased providing immediate income from day one. Long term tenants and stable occupancy!
Location
State NY
County Tompkins
Area Ithaca-City-500700
Direction From Route 13, take the exit toward Meadow Street/NY-13 Business and follow signs into downtown. Continue south on Meadow Street and turn left onto West Seneca Street. Proceed just a few blocks east until 316 W Seneca Street.
Rooms
Basement Full
Interior
Interior Features Window Treatments
Heating Gas, Hot Water
Cooling Window Unit(s), Wall Unit(s)
Flooring Carpet, Hardwood, Varies, Vinyl
Furnishings Furnished
Fireplace No
Window Features Drapes
Appliance Gas Water Heater
Exterior
Exterior Feature Private Yard, See Remarks
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Flat,Membrane,Rubber,Shingle
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Block, Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Aluminum Siding,Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
Elementary Schools Beverly J Martin Elementary
School District Ithaca
Others
Senior Community No
Tax ID 500700-060-000-0005-017-000-0000
Acceptable Financing Assumable, Cash, Conventional, FHA, Lender Approval, Rehab Financing, VA Loan
Listing Terms Assumable, Cash, Conventional, FHA, Lender Approval, Rehab Financing, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.vr-360-tour.com/e/PgYBmUJsjhg/e?accessibility=false&dimensions=false&hide_background_audio=true&hide_e3play=true&hide_logo=true&hide_nadir
NEARBY SCHOOLS & PROPERTIES