This turnkey Fall Creek duplex offers a low maintenance, low vacancy, profitable 2 unit apartment building in a quiet residential neighborhood. The two apartments are now under lease through July, 2018 at a total gross monthly rent of $3,000. The property could serve as the new owner's residence with one rental unit or as two rental units for an investor. The property provides excellent access to Cornell, the Commons, Farmers Market, and public schools (Fall Creek Elementary, Boynton Middle, and Ithaca High are all less than 1/2 mile away). Attractive features include a full attic and basement, hardwood floors throughout, two front porches, a back deck (for the downstairs apartment), a large private fenced back yard, and a washer and dryer in both units. On-street parking is ample for this building. Please respond to arrange a time to review this property in more detail. All replies from qualified, interested parties will be answered.
Off market
$429,700
221 W Lincoln St, Ithaca, NY 14850
4beds
1,988sqft
MultiFamily
Built in 1920
-- sqft lot
$429,700 Zestimate®
$216/sqft
$1,825 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,988 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Stucco
Lot
- Size: 3,200 sqft
Details
- Parcel number: 5007001533
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1920
Utilities & green energy
- Water: Municipal-Existing
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- LakeRightsDescription: No Rights
- Property Type: Residential
- State: NY
- Construction: Frame
- ExteriorFeatures: Fencing, Sidewalk
- AppliancesConvey: Cook-Top, Stove-Gas
- BasementFoundation: Full, Walk-Out Exterior, Stone
- HeatCooling: Furnace, Hot Water
- InteriorInclusions: CO Detector, Smoke Detector, Sump Pump
- OtherRooms: Eat-in Kitchen, Formal Entry, Formal Dining, Walk-up Attic
- Style: 2 Story
- SewerSeptic: Municipal-Existing
- WaterSource: Municipal-Existing