7 Beds
5,655 SqFt
7 Beds
5,655 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,655 sqft
Price per Sqft $194
MLS Listing ID R1716088
Bedrooms 7
Construction Status Existing
HOA Y/N No
Year Built 1907
Annual Tax Amount $20,780
Lot Size 5,675 Sqft
Acres 0.1303
Lot Dimensions 64X88
Property Sub-Type Other
Property Description
A gracious wraparound porch sets the tone, framed by mature landscaping and the home's signature Victorian rooflines and bay windows. Inside, original craftsmanship takes center stage. Rich hardwood floors, intricate millwork, stained-glass accents, substantial moldings, beautifully detailed staircases and classic fireplace surrounds speak to the character of an earlier era, while tall windows bring warmth and brightness throughout the interiors.
The property includes one two-bedroom apartment and six one-bedroom apartments, each with its own character and layout. An especially impressive main-level apartment stands apart with its generous proportions, elegant woodwork and inviting living spaces. It offers the future possibility of a beautiful owner's residence, while the six additional apartments provide income to help offset the cost of ownership.
Fully leased with strong rental income, the property also benefits from two newer hot-water boilers, updated electrical service, multiple electric meters, coin-operated laundry and off-street parking.
Whether maintained as a fully leased investment or considered for future owner occupancy, 502 North Tioga Street presents a rare opportunity to own an architecturally distinctive income property in one of Ithaca's most walkable and desirable downtown locations.
Location
State NY
County Tompkins
Area Ithaca-City-500700
Rooms
Basement Partially Finished
Interior
Interior Features Natural Woodwork
Heating Gas, Baseboard, Electric, Hot Water
Flooring Hardwood, Tile, Varies
Fireplace No
Window Features Leaded Glass
Appliance Dryer, Dishwasher, Electric Cooktop, Free-Standing Range, Gas Cooktop, Gas Water Heater, Oven, Refrigerator, Washer
Laundry Common Area, Coin-operated
Exterior
Exterior Feature Gravel Driveway
Community Features Laundry Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Membrane,Rubber,Slate,Tile
Porch Covered, Porch
Garage No
Building
Lot Description Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Blown-In Insulation,Frame,Wood Siding
Construction Status Existing
Schools
Elementary Schools Fall Creek Elementary
School District Ithaca
Others
Senior Community No
Tax ID 500700-046-000-0002-010-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/aaac7218-f3ae-47df-9eca-d457a6110984?wl=true&setAttribution=mls&initialViewType=pano