ITHACA HISTORIC TREASURE

GRAND ITALIANATE STYLE ARCHITECTURE

LOCATION, LOCATION, LOCATION

GREAT RENTAL INVESTMENT OPPORTUNITY

This Ithaca Historic Treasure at 309 East Court Street, is the best of the Italianate style architecture dating to 1840. Historically pristine, the exterior is just perfect with the wide moldings and rounded windows. The overall craftsmanship offers testament to the prosperity and optimism of the era. The interior has been updated to perfection in concert with the architectural style. Over $165,000 of updates for this property make this a smart investment. This special one of a kind property features three two-story units including an owner’s apartment, and two front apartments. The owner’s apartment has two bedrooms including a master suite, two bathrooms and a powder room......with an amazing great room with artistic leaded glass, hardwood floors overlooking the Secret Garden plus with an adjacent updated galley kitchen! The Secret Garden is a private oasis with spectacular roses and other flowering plants with the hallmark of this paradise being a ceramic artistic wall. The other two apartments each have a living/dining area, kitchen, one bedroom, a full bathroom, and more. All with historic interior detailing. This rare offering is the best of Ithaca, whether you want to live in the owner’s unit or rent it and continue with the excellent rental revenue of the two other units. Close to Cornell University and steps away from Ithaca Commons and Cascadilla Gorge Trail with hiking and scenic waterfalls, this property has the best location to enjoy restaurants, shopping, nature, and more! Plus with Ithaca’s location on Cayuga Lake, you can enjoy the many parks and boating opportunities along with the various wineries on the Finger Lake wine trails that make Ithaca a great location in upstate New York! Make this your next best investment in Ithaca!

PRICE: $885,000

FACTS AND FIGURES

Front of House

  • Unit A: Living Room, Kitchen, Bedroom & Bath

    • SQ FT: 988’

  • Unit B: Living Room, Kitchen, Bedroom & Bath 

    • SQ FT: 720’

  • Bedroom and bath upstairs

  • Living Room & Kitchen on the first floor

Back of House

  • Owners Unit:

    • SQ FT:  1,650’

  • 1st Floor: Living Great Room with Dining Room, Office Area, Galley Kitchen & Foyer with adjacent Powder Room 

  • 2nd Floor: Master Suite with Bath, 2nd bedroom with bath

  • Access to lower level with laundry and storage

  • Access to Secret Garden and 1 Car Garage

Click HERE for complete Floor Plan

Click HERE for Survey

Parking off street parking for four plus cars

Total Sq Ft: 3,358

  • Annual Taxes:

    • City: $4,755

    • County: $2,470

    • School: $6,800

  • Annual Rental Revenue: $76,392 (With Owners Unit Projected 12 months)

  • Annual Expenses:

    • NYSEG: $3,206

    • Water: $1,093

    • Insurance: $2,441

EXTERIOR / SECRET GARDEN

OWNER’S UNIT

UNIT A

UNIT B

All information has been supplied by the seller, has not been checked for accuracy by the broker, and is subject to verification by the buyer and buyer’s agent. The broker makes no representation regarding the condition of the structure or its mecha…

All information has been supplied by the seller, has not been checked for accuracy by the broker, and is subject to verification by the buyer and buyer’s agent. The broker makes no representation regarding the condition of the structure or its mechanical components. Broker recommends that the buyer obtain an independent building inspection regarding all aspects of the property.