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707 E SENECA ST
Ithaca, NY 14850

$2,750,000
Est. Mortgage: $13,783/mo
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Multi-Family Home

Great opportunity for investors. NEW construction, Collegetown multi fam w/6 apts, 18 beds, 9 off street parking (4 garage, 5 driveway). Annual income $213k '17-'18, $222,480 '18-'19. Built in '15, all units have mini-split that provide the heat/AC. Granite counter tops, stainless steel appliances, ea unit has own washer/dryer, dishwasher, LVT flooring, marble showers & very modern finishes throughout. Property was built to historic district standards, hardy board siding, Anderson windows, fire alarm, sprinkler system and elevator. Assessment will not automatically change to purchase price.

Property Details
  • Ithaca City
    school district
  • 2015
    built
  • 311829
    MLS#
Washer
Dryer
Gas stove
Microwave oven
Dishwasher
Refrigerator
Central air
Electric heat
Heat pump
Full basement
Basement has outside entrance
Walkout basement
Elementary school: Belle Sherman (DeW MS)
School district: Ithaca City
Wood frame exterior
Lot acreage is: .17
Lot size: 0.17 acres
Subdivision: Collegetown
Lot zoned: R3a
City water
Courtesy of:
WARREN REAL ESTATE
Tammarion Lam

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Name Type GreatSchools
Rating
Distance
Belle Sherman School Pre-School, Elementary School / Public 5 0.59 mi.
Dewitt Middle School Middle School / Public 8 2.64 mi.
Ithaca Senior High School High School / Public 7 1.1 mi.
Ithaca Waldorf School * Pre-School, Elementary School / Private N/A 0.37 mi.
South Hill School * Pre-School, Elementary School / Public 5 0.49 mi.
Cascadilla School * High School / Private N/A 0.31 mi.
Address Distance Sale date Sale price
203 3RD ST 0.86 mi. 4/14/2017 $129,000
109 BIRDSEYE VIEW DR 2.21 mi. 11/29/2016 $105,000
3 AIDANS LN 4.88 mi. 4/6/2017 $280,000
5 WOODLAND WAY 4.97 mi. 12/14/2016 $467,074
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{"markerType": "Sold", "lat": "42.445805", "lng": "-76.504326", "Address": "203 3RD ST", "City": "ITHACA", "StateProv": "NY", "ZipCode": "14850"}
{"markerType": "Sold", "lat": "42.410447", "lng": "-76.503951", "Address": "109 BIRDSEYE VIEW DR", "City": "ITHACA", "StateProv": "NY", "ZipCode": "14850"}
{"markerType": "Sold", "lat": "42.511005", "lng": "-76.49054", "Address": "3 AIDANS LN", "City": "ITHACA", "StateProv": "NY", "ZipCode": "14850"}
{"markerType": "Sold", "lat": "42.511523", "lng": "-76.473888", "Address": "5 WOODLAND WAY", "City": "ITHACA", "StateProv": "NY", "ZipCode": "14850"}
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The approximate monthly principal & interest payment for this property would be $13,782.78.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.848 % with a down payment of $137,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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707 E SENECA ST, Ithaca, NY 14850 multi-family home offered for sale at $2,750,000.
IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information has been obtained from sources believed to be reliable, but no representations or warranties, expressed or implied, as to the accuracy of the information are being made by Ithaca Board of REALTORS® or Howard Hanna Real Estate. Anyone using this information without independently verifying its accuracy bears all risk for any inaccuracies. © 2018
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.