This is a single family property currently used as an income property. Interest rates are dropping and it's a great time to invest in this well maintained, 5 bedroom 2 bathroom property. Fully leased through the end of July 2025, no turnover this summer, it is the perfect landlord opportunity! It features hardwood floors throughout. Upgrades include: 2 new bathrooms, new windows throughout most of the ground floor, and a high-efficiency furnace. A blend of comfort and convenience, this gracious home includes driveway parking and an unrented storage garage. Professionally maintained by a local landlord. This home has consistently been rented to groups for two years at a time. Tenants pay all utilities, including water, gas, electric, internet and trash. Entire home is furnished, including bedrooms. Annual rent 23-24 = $51,072 and 24-25 = $53,220.
Closed
$409,000
919 E State St, Ithaca, NY 14850
5beds
1,748sqft
Multi Family
Built in 1870
-- sqft lot
$419,400 Zestimate®
$234/sqft
$3,380 Estimated rent
Home value
$419,400
$382,000 - $457,000
$3,380/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2024 at 07:19am
Listed by:
Helen Ann Yunis 607-280-3070,
Howard Hanna S Tier Inc
Bought with:
Garrett Venuto, 10401360100
Warren Real Estate of Ithaca Inc.
Source: NYSAMLSs,MLS#: R1520508
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Attic
- Flooring: Hardwood, Laminate, Varies
- Windows: Skylight(s)
- Basement: Partially Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,748
- Total interior livable area: 1,748 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Gravel, Two or More Spaces
- Garage spaces: 1
Features
- Stories: 3
Lot
- Size: 4,791 sqft
- Dimensions: 58 x 80
- Features: Corner Lot, Residential Lot
Details
- Parcel number: 50070008900000030010000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Foundation: Stone
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $409,000$234/sqft |
Source:  NYSAMLSs #R1520508 | ||
| 2/13/2024 | Pending sale | $409,000$234/sqft |
Source:  ITMLS #R1520508 | ||
| 2/7/2024 | Listed for sale | $409,000+46.1%$234/sqft |
Source: ITMLS #R1517749 | ||
| 9/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 9/2/2022 | Listed for rent | $803+2.9% |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $450,000 +34.3% |
| 2023 | -- | $335,000 +8.1% |
| 2022 | -- | $310,000 +10.7% |
Find assessor info on the county website
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 6/10Belle Sherman SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Boynton Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- Middle: Dewitt Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.