316 W Seneca Street, Ithaca, NY 14850

Ithaca
Local realty services provided by:Team VP Real Estate
316 W Seneca Street,Ithaca, NY 14850
$499,900
Virtual Tour
  • 5 Beds
  • 4 Baths
  • 2,747 sq. ft.
  • Multi-family
  • Active
Listed by: kevin duffey
Office: howard hanna s tier inc
MLS#:R1638081
Source:NY_GENRIS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$181.98

About this home

This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other. This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014. In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished. Net operating income is over $36,000! Gross income is $55,920! All leases end 7/31/26 with option...

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Home facts

  • Year built:1860
  • Listing ID #:R1638081
  • Added:282 day(s) ago
  • Updated:June 24, 2026 at 03:32 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Flooring:Carpet, Hardwood, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,747 sq. ft.

Heating and cooling

  • Cooling:Wall Units, Window Units
  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Asphalt, Flat, Membrane, Rubber, Shingle
  • Year built:1860
  • Building area:2,747 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Rectangular, Residential Lot
  • Architectural Style:Triplex
  • Construction Materials:Copper Plumbing, Vinyl Siding
  • Foundation Description:Block, Stone
  • Levels:2 Stories

Schools

  • Elementary school:Beverly J Martin Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$181.98
  • Tax amount:$11,734

Features and amenities

  • Amenities:Drapes, Furnished

Parking

  • Parking description:Common, Garage, On Street
  • Garage:Yes

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