Active
116 Cook Street
Ithaca - City NY, 14850
$995,000
$334.68 per sqft
Active
9 Beds
2,973 sqft
Other
Built in 1980
Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University's Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.
R1532134
MLSⓇ ID
April 16, 2024
Listed
November 22, 2024
Updated
Map
116 Cook Street
Ithaca - City NY, 14850
Interior Features
Total Stories
2
Bedrooms
9
Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
Floor Description
Hardwood, Luxury Vinyl, Tile, Varies
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Blacktop Driveway
Lot Features
Rectangular, Residential Lot
Roof
Asphalt
Sewer
Connected
School Information
School District
Ithaca
High School
Ithaca Senior High
Elementary School
Belle Sherman
Other Property Details
Area Name
Ithaca-City-500700
Taxes
$39,974
Tax Frequency
Annually
Days on Market
106
Garage
No
Parking
Three or more Spaces, No Garage
View
No
County
Tompkins
Municipality
Not Applicable
Water Source
Connected, Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
6/10/2024 | Price change | $995,000 -14% |
Courtesy of Howard Hanna S Tier Inc, Kyle Steele
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Data last updated 7:35 PM UTC, 11/22/2024