Address
201 Highland Avenue, Ithaca-City, NY
Price
$ 895,000
Property Attributes
- MLS#R1531213
- TypeCommercial
- CountyTOMPKINS
- CityIthaca-City
- AreaIthaca-City
- NeighborhoodCornell Heights Historic
- Zip14850
- Style
- Year Built1915
- Taxes$ 18937
- Price$ 895,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3768
- Lot Size0.2 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description
Impressive circa 1915 Arts and Crafts style building converted to 6 desirable dwelling units. Located in the Cornell Heights Historic district and located near the suspension bridge that leads to the Cornell Arts Quad and the Johnson Museum. There is extensive original detailing throughout with impressive oak woodwork French doors, spacious rooms, large windows and a cathedral ceiling in the third story unit. There is off-street parking for 5 to 6 vehicles. Current owners have had the property for 40 years and have lovingly maintained it. Units are currently leased to late July 2024 and again until late July 2025, with many units renewing. Gross rents shown are for current leases with higher annual gross for '24-'25. Units are unfurnished. All tenants pay heat and cooking gas, 5 units pay electricity. Tenants do own trash. Parking is included as is hot and cold water. On premises laundry. Fire alarm system. Breakdown by unit of rents for current and next year are available through your agent,
| Elementary School | High School |
|---|---|
| Cayuga Heights Elementary | Ithaca Senior High |
| Price History | |
|---|---|
| 4/15/2024 | Listed $895,000 |
General Features
| Interior Features | CathedralCeilings,Skylights,NaturalWoodwork |
|---|---|
| Sewer | Connected |
| Heating | Gas,Other,SeeRemarks,HotWater |
| Cooling | Other,SeeRemarks |
| Utilities | SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Asphalt,Membrane,Rubber |
| Appliances | Dryer,FreeStandingRange,GasWaterHeater,Oven,Refrigerator,Washer |
| Exterior Features | GravelDriveway |
| Garage Spaces | 0.0 |
| Security Features | FireEscape |
| Construction Materials | ShakeSiding,Stucco,CopperPlumbing |
| Year Built | 1915 |
| Electric | CircuitBreakers |
| Stories | 3 |
| Township | Not Applicable |
| Property SubType | Other |
| County | Tompkins |
| Net Operating Income | 46657.0 |
| Property Type | CommercialSale |
| Subdivision Name | Cornell Heights Historic |
| Garage Y/N | No |
| Rent Includes | CommonAreaMaintenance,HotWater,SnowRemoval,TrashCollection,Water |
| Status | Active |
| Directions | Thurston Ave. to Highland Ave. Located on the northeast corner of Heights Court |
| High School | Ithaca Senior High |
| City | Ithaca-City |
| High School District | Ithaca |
| Total Units | 6 |
| MLS Area | Ithaca-City-500700 |
| Waterfront Y/N | No |
| Street Name | Highland |
| Elementary School | Cayuga Heights Elementary |
| Year Built Details | Existing |
| Tax Annual Amount | 18937.0 |
| Property Condition | Resale |
| Standard Status | Active |
| Middle/Junior School District | Ithaca |
| Elementary School District | Ithaca |
| Tax Assessed Value | 575000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Property Sub Type Additional | Other |
Interior Features
| Basement | PartiallyFinished |
|---|---|
| Flooring | Hardwood,Tile,Varies,Vinyl |
| Furnished Y/N | Unfurnished |
| Total Fireplaces | 2 |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Window Features | Skylights |
| Fireplace Y/N | Yes |
| Street Suffix | Avenue |
| Laundry Features | CommonArea,Coinoperated |
| Total Bedrooms | 5 |
Exterior Features
| Parking Features | ThreeormoreSpaces,NoGarage |
|---|---|
| Lot Features | CornerLot,HistoricDistrict,IrregularLot,NearPublicTransit |
| Water Source | Connected,Public |
| Lot Size Area | 0.2 |
| Building Area Total | 3768.0 |
| Lot Dimensions | 100X85 |
| Lot Size Acres | 0.2 |
| 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 Commercial Average in 14850
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
