509 S Aurora Street Ithaca, NY 14850
Listing by: ITHACA / Warren Real Estate / Andrew "Andy" Schreck
$525,000

  509 S Aurora Street Ithaca, NY 14850

Active (217 Days)

Description

A special opportunity to own a 3 unit property on Ithaca's South Hill. Located just a short walk from downtown Ithaca and 5 minute drive to Ithaca College and Cornell make it accommodable to anyone's needs. Apartment 1 is a 2 bedroom with a new kitchen and bath. The bedrooms are spacious with ceiling fans and hardwood floors. Apartment 2 is a 3 bedroom with new kitchen and beautiful natural light throughout. Apartment 3 is a 2 bedroom with hardwood floors and a breathtaking lake view! Each unit has its own furnace, hot water heater and washer/dryer. The house has a new water line from the road, new siding, new roof and new paved driveway. This property has been very well maintained, has always had a 100% occupancy and will be bringing in over $61k in 2022 with 2 apartments rented through July 2023! Tenants pay all utilities and plenty of off-street parking make this a must see for any investor. Please reference mls # 406115 is same owner and willing to sell as package.

MLS #:
406141
Taxes
$13,864
Lot Size
5,000 SQFT
Type
Multifamily
Year Built
1890
Views
Lake
School District
Ithaca
County
Tompkins County
Bathroom Details
Interior Features
  • Washer
  • Water Heater
  • Washer/Dryer
  • Range Hood
  • Refrigerator
  • Range
  • Gas Range
  • Electric Water Heater
  • Dishwasher
  • Dryer
  • Some Gas Appliances
  • Carbon Monoxide Detector
Lot Information
  • Mineral Rights
Property Features
  • Foundation: Block
Heating and Cooling
  • Gas
  • Separate Meters
  • Natural Gas
  • Ceiling Fan(s)
Basement Information
  • Walk-Up Access
  • Unfinished
  • Concrete
  • Full
  • Exterior Entry
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer, Connected
School Information
  • Elementary School: South Hill
Parking
  • Shared Driveway
  • No Garage
Living Area
  • 2,752 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.