202 Lake ST, Ithaca, NY 14850
202 Lake ST, Ithaca, NY 14850
202 Lake ST, Ithaca, NY 14850
41
See all 41 photos
$525,000
Est. payment /mo
Save
4 Beds
3 Baths
1,704 SqFt
Active

202 Lake ST Ithaca, NY 14850

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Dawn Nowak

Dawn Nowak

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,704 sqft

Price per Sqft $308

Subdivision Section 28

MLS Listing ID R1694445

Style Triplex

Bedrooms 4

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1870

Annual Tax Amount $17,185

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 44X117

Property Sub-Type Multi Family

Property Description

Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in the basement with access available to all tenants. A current Certificate of Compliance is in place. This property also presents an excellent option for an owner-occupant to live in one unit while renting the others to help offset expenses and supplement income. Conveniently located near downtown, shopping, dining, and public transportation, this multi-unit property offers both long-term value and flexibility. A rare opportunity to own a quality income-producing property in a desirable Ithaca location.

Location

State NY

County Tompkins

Community Section 28

Area Ithaca-City-500700

Direction From Rte 13/ Meadow St, heading North, turn right on W Lincoln St, and then right on Lake St. The House will be on your right.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Deck

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Porch Covered, Deck, Open, Porch

Building

Lot Description Corner Lot, Irregular Lot, Residential Lot

Story 2

Foundation Block, Stone

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Fall Creek Elementary

Middle Schools Boynton Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 500700-028-000-0004-007-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Berkshire Hathaway HomeServices Heritage Realty 607-428-0708

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Dawn Nowak

Dawn Nowak

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

202 Lake ST