Active
316 West Seneca Street, Ithaca City NY 14850
MLS# R1638081
$529,900
Price
5
Beds
4
Baths
2,747
Living Area (Sq.Ft.)
0.167
Lot Area (Acres)
$529,900
Price
5
Beds
4
Baths
2,747
Living Area (Sq.Ft.)
0.167
Lot Area (Acres)
This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other. <br> <br>This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014. <br> <br>In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished. <br> <br>Net operating income is over $36,000! Gross income is $55,920! <br> <br>All leases end 7/31/26 with option to renew.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1860
Parcel Number
500700-060-000-0005-017-000-0000
Unit Number
--
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
55X132
Stories
2
Bath Rooms Full
3
Bath Rooms Half
1
Property Condition
Resale
Elementary School
Beverly J Martin Elementary
Elementary School District
Ithaca
Middle Or Junior School District
Ithaca
High School District
Ithaca
Location
Listing Agent
Kevin Duffey
Listing Office
Howard Hanna S Tier Inc
Owner Name
--
Owner Phone
--
Possession
Closing
Special Listing Conditions
Standard
Listing Terms
Assumable, Cash, Conventional, F H A, Lender Approval, Rehab Financing, Va Loan
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-09-15
Owner Pays
Electricity, Gas, Grounds Care, Garage, Heat, Hot Water, Snow Removal, Water
Rent Includes
Electricity, Gardener, Heat, Hot Water, Parking, Snow Removal, Water
Fire Places Total
0
Interior Features
Window Treatments
Flooring
Carpet, Hardwood, Varies, Vinyl
Cooling
true
Cooling Features
WindowUnits,WallUnits
Heating
true
Heating Features
Gas, Hot Water
Appliances
Gas Water Heater
Electric
Circuit Breakers
Window Features
Drapes
Garage
true
Garage Spaces
0
Architectural Style
Triplex
Exterior Features
Private Yard, See Remarks
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt, Flat, Membrane, Rubber, Shingle
Utilities
Sewer Connected, Water Connected
Parking Features
Common, On Street, Two Or More Spaces, Garage
Foundation Details
Block,Stone
Basement
Full
Construction Materials
Aluminum Siding, Vinyl Siding, Copper Plumbing
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.