ITHACA HISTORIC TREASURE

MINT FRENCH SECOND EMPIRE STYLE ARCHITECTURE

LOCATION, LOCATION, LOCATION

GREAT RENTAL INVESTMENT OPPORTUNITY

This Ithaca Historic Treasure at 313 East Court Street is the best of the French Second Empire style architecture dating to 1860. Historically pristine, the exterior is just perfect with the extensive moldings, rounded arch windows and mansard style roof, which is the hallmark of this style of architecture. The overall craftsmanship offers testament to the prosperity and optimism of the era. The interior has been updated to perfection in concert with the architectural style. Over $60,000 of updates for this property make this a smart investment. This special one of a kind property features three apartments including first, second and third floor units. The first floor unit has beautiful living and dining areas two bedrooms and a full bathroom. The second floor apartment has living/dining areas, a kitchen, two bedrooms and a full bathroom. The third floor unit has a living/dining area, a kitchen, one bedroom and a full bathroom. This rare offering is the best of Ithaca.....with excellent rental revenue from the three apartments. Close to Cornell University and steps away from Ithaca Commons and Cascadilla Gorge Trail with hiking and scenic waterfalls, this property has the best location to enjoy restaurants, shopping, nature, and more! Plus with Ithaca’s location on Cayuga Lake, you can enjoy the many parks and boating opportunities along with the various wineries on the Finger Lake wine trails that make Ithaca a great location in upstate New York! Make this your next best investment in Ithaca!

PRICE: $675,000


FACTS AND FIGURES

Unit A - 1st Floor

  • Living Room, Dining Room, Kitchen, Two Bedrooms & Bath

  • SQ FT: 1,256

Unit B - 2nd Floor

  • Living Room, Dining Room, Kitchen, Two Bedrooms & Bath

  • SQ FT: 1,254

Unit C - 3rd Floor

  • Living Room, Kitchen, Bedroom & Bath

  • SQ FT:  680


Plus off street parking for three cars in back of house

Click HERE for complete Floor Plan


  • ANNUAL TAXES:

    • City: $4,754

    • County: $2,470

    • School: $6,800

  • ANNUAL RENTAL REVENUE: $60,733

  • ANNUAL EXPENSES:

    • NYSEG: $1,000

    • Water: $960

    • Insurance: $2,185


EXTERNAL

UNIT A - 1st Floor


UNIT B - 2nd Floor

UNIT C - 3rd Floor


All information has been supplied by the seller, has not been checked for accuracy by the broker, and is subject to verification by the buyer and buyer’s agent. The broker makes no representation regarding the condition of the structure or its mechanical components. Broker recommends that the buyer obtain an independent building inspection regarding all aspects of the property.

All information has been supplied by the seller, has not been checked for accuracy by the broker, and is subject to verification by the buyer and buyer’s agent. The broker makes no representation regarding the condition of the structure or its mechanical components. Broker recommends that the buyer obtain an independent building inspection regarding all aspects of the property.