3 adjacent duplex's being sold all as a package deal! Excellent investment opportunity 2 blocks to Downtown Ithaca Commons and a 5-10 minute drive to both Ithaca College and Cornell University. Gross income for '19-'21: averages $150k per year. Each house has a current certificate of compliance. Each property has had 100% occupancy since current landlord has owned the properties. 7 of the 16 bedrooms have been rented through June 2023 at $800 a bedroom plus utilities. 215-217 Prospect St had over $50k worth of capital improvement in 2019. 207 Prospect St roof was replaced in 2019. New windows throughout each unit. 1 1/2 Car garage ideal for storage. All units come fully furnished with coin-less washer/dryer, separate gas and electric meters (that the tenants are responsible for),and ample off street parking. Tenants are also responsible for trash and recycling.See attached documents for break down of each unit for 2021.*** NOT FOR SALE INDIVIDUALLY MUST BE PURCHASED AS PACKAGE DEAL*
Off market
$1,622,200
207 Prospect St #6, Ithaca, NY 14850
16beds
7,434sqft
SingleFamily
Built in ----
0.6 Acres Lot
$1,622,200 Zestimate®
$218/sqft
$3,324 Estimated rent