Address
608 E State Street, Ithaca-City, NY
Price
$ 812,000
Property Attributes
  • MLS#R1528809
  • TypeCommercial
  • CountyTOMPKINS
  • CityIthaca-City
  • AreaIthaca-City
  • NeighborhoodEast Hill Historic Dist.
  • Zip14850
  • Style
  • Year Built1880
  • Taxes$ 17095
  • Price$ 812,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3523
  • Lot Size11,709 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

5 unit apartment building located in the East Hill Historic District, convenient to both colleges and The Ithaca Commons. This is a beautiful bldg with hardwood flrs, 10' high ceilings, fireplace mantels, and some ornamental cresting on the western roof. Fully leased through 7.31.24 at $96,480 plus laundry and including all utilities. Income from one washer and dryer & potential income from 4 parking spaces is not included in this figure. Large lot Property extends up hillside at rear and includes 4 off street parking spaces, a detached garage (in as is condition), all of which are accessed off North Quarry Street. Lots more potential income from some under-rented units and unleased parking spaces. 2020 Certificate of Compliance for 11 unrelated occupants. Some units are partially furnished.

Elementary School Middle School
Belle Sherman Elementary School Dewitt Middle
Price History
4/18/2024 Listed $812,000

General Features

Interior Features NaturalWoodwork,ProgrammableThermostat
Sewer Connected
Heating Gas,Zoned,Baseboard,HotWater
Cooling Zoned
Utilities CableAvailable,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession SubjectToTenantRights
Roof Asphalt,Flat,Shingle
Appliances Dryer,Dishwasher,ExhaustFan,ElectricWaterHeater,GasOven,GasRange,Refrigerator,RangeHood,Washer
Exterior Features BlacktopDriveway,GravelDriveway
Security Features FireEscape
Construction Materials Frame,WoodSiding,CopperPlumbing
Year Built 1880
Electric CircuitBreakers
Stories 3
Township Not Applicable
Property SubType Other
County Tompkins
Property Type CommercialSale
Subdivision Name East Hill Historic Dist.
Rent Includes AllUtilities,CommonAreaMaintenance,Other,SeeRemarks,SnowRemoval
Status Active
Directions House is on the no. side of E. State St,between Stewart Ave & No. Quarry. No off-street parking next to house. Park on E. State St or Stewart Ave.,and in one of the parking spaces behind the house,of
City Ithaca-City
High School District Ithaca
Total Units 5
MLS Area Ithaca-City-500700
Lot Size Square Feet 11709.0
Waterfront Y/N No
Street Name State
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 17095.0
Middle/Junior High School Dewitt Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 510000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 7
Property Sub Type Additional Other

Interior Features

Basement Full
Flooring Carpet,CeramicTile,Hardwood,Varies,Vinyl
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features CommonArea,Coinoperated
Total Bedrooms 5

Exterior Features

Parking Features OneSpace
Lot Features HistoricDistrict,IrregularLot,NearPublicTransit
Water Source Connected,Public
Lot Size Area 0.2688
Building Area Total 3523.0
Lot Dimensions 92X127
Lot Size Acres 0.2688
Lot Size Units Acres
Road Frontage Type MainThoroughfare

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 Commercial Average in 14850

Price
AVG $1.86M
$810K
Taxes
AVG $25,735
$17,095
Visits
AVG 55
41
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1880

Areas We Cover

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