808 Seneca StIthaca, NY 14850
For Sale
$2,175,000
5-Unit Student Housing, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Rare investment opportunity in Ithaca, NY's Collegetown, near Cornell University.
- Three-story, 4,150 sq ft building with 16 beds in five units (potential for 20 beds).
- 100% occupancy, generating $125,000 NOI and a 5.75% cap rate.
- Asking price: $2,175,000 ($435,000/unit, $524.10/sq ft).
- Features five off-street parking spaces and on-site laundry.
- 6,600 sq ft lot, R3-B zoning.
Property Details for 808 Seneca St
- Property type
- Multifamily properties, Apartment buildings
- Square Feet
- 4,150 SF
- Year Built
- 1995
- Stories
- 3
- Units
- 5
Location Insight
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Latitude
- 42.4409538
- Longitude
- -76.4878262
808 Seneca St, Ithaca, New York
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website