116 - 118 Ferris PL #18, Ithaca, NY 14850
116 - 118 Ferris PL #18, Ithaca, NY 14850
116 - 118 Ferris PL #18, Ithaca, NY 14850
116 - 118 Ferris PL #18, Ithaca, NY 14850
116 - 118 Ferris PL #18, Ithaca, NY 14850
116 - 118 Ferris PL #18, Ithaca, NY 14850
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$ 1,455,000
Est. payment | /mo

23 Beds

8,902 SqFt


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$ 1,455,000
Est. payment | /mo
Save

23 Beds

8,902 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,902 sqft

Price per Sqft $163

MLS Listing ID R1694242

Bedrooms 23

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $21,420

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 196X60

Property Sub-Type Other

Property Description

Just off State Street, a few blocks south of Collegetown Center and just up the hill from the Commons, this large 24-bedroom building is nestled along the gorges and preserves. It's just above the Six Mile Creek Preserve, and the footbridge over the creek is just a few hundred feet down the street. Out the back windows, it's all beautiful greenery and shade. A large duplex building, it is divided into a number of apartments. Sitting just below a large, new, upscale complex, this charming location offers apartments with bay windows in many units and large rooms uncommon in today's cookie-cutter new housing. Additional features include a security system and sprinkler system. The pricing is appealing to students while leaving plenty of room for increased income through improvements. Come look it over and see how this property would fit into your portfolio. Apartment room distribution: 116-1: 5 bedrooms, 2 baths;
116-2: 3 bedrooms, 1 bath;
116-3: 2 bedroom, 1 bath;
118-1: 6 bedrooms, 1 bath;
118-2: 4 bedrooms, 1 bath;
118-3: 3 bedrooms, 1 bath.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction State street East, ( up from the commons) to Ferris. turn left. ( Ferris leads to Valentine and Quarry)

Body of Water Sixmile Creek

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Ceiling Fan(s), Entrance Foyer

Heating Gas, Hot Water, Radiator(s)

Flooring Carpet, Hardwood, Laminate, Luxury Vinyl, Varies, Vinyl

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater

Laundry Coin-operated

Exterior

Exterior Feature Gravel Driveway

Community Features Laundry Facilities

Utilities Available Sewer Connected, Water Connected

Waterfront Description River Access,Stream

Roof Type Architectural,Pitched,Shingle

Garage No

Building

Lot Description Irregular Lot, Near Public Transit, Residential Lot, Wooded

Story 3

Sewer Connected

Water Connected, Public

Additional Building Barn(s), Outbuilding

Structure Type Frame,Copper Plumbing

Construction Status Existing

Schools

Elementary Schools Belle Sherman

Middle Schools Boynton Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 500700-082-000-0009-001-000-0000

Security Features Security System Owned

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Berkshire Hathaway HomeServices Heritage Realty 607-428-0708

NEARBY SCHOOL & BUSINESS

Jason Dugo

+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY 12477, United States

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116 - 118 Ferris PL #18