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    1 home
      1 home available
      508 University Avenue, Ithaca City, NY 14850
      Closed Nov 8, 2023
      508 University Avenue, Ithaca City, NY 14850
      $607,000
      –beds
      2,452sqft
      0.16acres

      508 University Avenue, Ithaca City, NY 14850

      Listing by: Carol Bushberg Real Estate
      1
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      508 University Avenue, Ithaca City, NY 14850

      NY/Tompkins/Ithaca City/14850/508 University Avenue, Ithaca City, NY 14850

      Closed Nov 8, 2023
      $607,000
      –beds
      –full,–half bath
      2,452sqft
      0.16acres

      508 University Avenue, Ithaca City, NY 14850

      City/Town:Ithaca City   Post Office: Ithaca     

      by Carol Bushberg, Carol Bushberg Real Estate.

      Data checked -. Listing last updated 649 days ago.
      1. Overview
      2. Details
      3. More 

      This house was built as a rooming house and income property by Evelyn Powelson, who lived at 504 University. This house has 5 units, legal for 12 unrelated tenants. Owner working on new C of C, including fresh electrical cert. Gross income is $81,200 includ. $2k annually from 2 washers and 3 dryers in laundry. Tenants in neighboring bldgs also use laundry machines. 2 Navien combo boilers/hot water heaters; one serves ground floor apt and the other heats the other units.One of the Naviens makes hot water for the laundry. Seller pays for all heat and hot water, including laundry. 2 units on main level pay their own electric, but landlord pays all other electricity. Apts are provided partially furnished; seller to provide inventory of furniture and appliances.

      Internet Serviceability
      Details
        Property type
      Multi Family
        Year built
      1895
        Heating
      Gas, Separate Meters, Baseboard, Hot Water
        Cooling
      Separate Meters
        Total rooms
        Garage
      No
        City/Town
      Ithaca City
        Post Office
      Ithaca
        Parking spots
      -
      IB408818
      MLS ID
      Closed
      Status
      Nov 8, 2023
      Closed
      Levels  Levels
      –
        Roof
      Asphalt
        Laundry features
      Common Area, Coin Operated
        Fireplace
      No
        Pets allowed
        Architectural Style
      –
        Basement
      Full, Partially Finished, Walk Out Access
      Interior features
      Ceiling Fans
      Exterior features
      –
      Lot features
      –
      Appliances included
      See Remarks
      Construction materials
      Frame
      Flooring
      –
      Utilities
      –
      Water source
      –
      Parking features
      –
      Monthly taxes
      $1,342
      Yearly taxes
      $16,100
      School district
      Ithaca
      Schools
      Fall Creek Elementary, Boynton Middle
      Senior community
      No
      HOA
      -
      HOA Amentities
      –
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Carol Bushberg
      Carol Bushberg
      EF
      Edward Finegan
      Carol Bushberg
      Carol Bushberg
      NY Licensed Assoc. R.E. Broker, Warren Real Estate of Ithaca Inc. (Downtown)
       
       
      EF
      Edward Finegan
      NY Licensed R.E. Broker, EDWARD J FINEGAN
       
       
      Location
      Property is on the west side of University Avenue, between Linn and Lake Streets.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      508 University Avenue, Ithaca City, NY 14850, is a 2452 sqft. built in 1895. This property is currently available for sale and was listed on Greater Rochester Association of REALTORS® on 6-16-2023. The MLS# for this is MLS# IB408818.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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