218 Delaware AVE, Ithaca, NY 14850
218 Delaware AVE, Ithaca, NY 14850
218 Delaware AVE, Ithaca, NY 14850
13
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$1,450,000
Est. payment /mo
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19 Beds
5,154 SqFt
Pending

218 Delaware AVE Ithaca, NY 14850

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Revolution Real Estate

Revolution Real Estate

+1(585) 653-7700

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,154 sqft

Price per Sqft $281

MLS Listing ID R1693102

Bedrooms 19

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $28,821

Lot Size 6,660 Sqft

Acres 0.1529

Lot Dimensions 60X111

Property Sub-Type Other

Property Description

Rare CollegeTown multifamily investment opportunity. This five-unit property offers more than 5,100 square feet of living space in one of Ithaca's most sought-after rental markets. Featuring spacious apartments, attractive interior finishes, and off-street parking, the property offers a compelling blend of character and functionality. Each unit provides a unique layout and appeal, distinguishing it from more standardized rental properties. The interior has been well maintained, while exterior cosmetic improvements may provide an opportunity for future value enhancement. Conveniently located near educational institutions, downtown Ithaca, employment centers, shopping, dining, and public transportation, this property is well-positioned for investors seeking to expand or strengthen their portfolio. A second multifamily property on Delaware Avenue is also available (210), creating a unique opportunity for investors interested in acquiring multiple assets in the same neighborhood. This property is legal for 21.

#1-2 bedroom, 1 bath
#2-3 bedroom, 1 bath
#3-5 bedroom, 1 bath
#4-5 bedroom, 1 bath
#5-4 bedroom, 2 bath

5 units, totaling 19 bedrooms, 6 baths.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction Dryden Rd. to Bryant Rd to Delaware Ave.

Rooms

Basement Partial, Partially Finished

Interior

Interior Features Bedroom on Main Level

Heating Gas, Zoned

Cooling Zoned

Flooring Hardwood, Laminate, Varies, Vinyl

Fireplace No

Window Features Storm Window(s)

Appliance Electric Oven, Electric Range, Gas Water Heater

Exterior

Exterior Feature Blacktop Driveway

Community Features Other, See Remarks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Pitched,Shingle

Handicap Access Accessible Bedroom

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Frame,Wood Siding,Copper Plumbing

Construction Status Existing

Schools

Elementary Schools Belle Sherman

Middle Schools Boynton Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 500700-067-000-0003-002-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Berkshire Hathaway HomeServices Heritage Realty 607-428-0708

NEARBY SCHOOL & BUSINESS

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Revolution Real Estate

Revolution Real Estate

Broker

+1(585) 653-7700

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218 Delaware AVE