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34217838
34217830

116 3rd Street, Ithaca, NY 14850

TC
NY 30VI826997
Berkshire Hathaway HomeServices CNY Realty Fayetteville
Listed by Berkshire Hathaway HomeServices CNY Realty Fayetteville
$432,450
8 days on market
Updated 8 days ago
Opportunity zone

116-118 3rd Street, Ithaca, NY

Details
Property Type Multifamily
Square Footage 2,298
Net Rentable (SqFt) 33,055
Units 2
NOI $33,055
Occupancy 100%
Tenancy Multi
Year Built 1900
Buildings 1
Acreage 0.120
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.87

Downtown Ithaca duplex with strong location appeal.

Marketing description

Downtown Ithaca duplex with strong location appeal. Charming curb appeal too. Within distance of the Farmers Market, Cayuga Lake, Stewart Park, local dining, shopping, and nearby medical facilities. This well-maintained property offers convenience for tenants and owners alike. Regular updates throughout the interior help make this a turnkey investment opportunity. Walk to Red Feet, or out to dinner. The Park is also nearby! The science center beckons. Both units rented into 2027, Solid rental, great condition inside. Tenants pay all utilities, heat, hot water, gas, electric, and water.

Investment highlights

This property is tenant-occupies, and confirmation to view will take time. All requests should be for about 30 or more hours in the future to allow us time to confirm with tenants.

Listing Contacts

TC
NY 30VI826997
Berkshire Hathaway HomeServices CNY Realty Fayetteville
Listed by Berkshire Hathaway HomeServices CNY Realty Fayetteville

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$33,055.00
$2,754.58/mo

Valuation Metrics

0
DSCR
7.64%
Cap Rate
7.64%
ROI

Map

Zoning

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R-2B ResidentialTwo FamilyTwo Family Residential
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Last updated Jul 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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