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316 W Seneca Street, Ithaca, NY 14850

Ithaca
Local realty services provided by:CENTURY 21 North East
316 W Seneca Street,Ithaca, NY 14850
$499,900
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  • 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, a large occupied 1BR downstairs, and an occupied 3BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31, 2027. The current certificate of occupancy is in progress and will be good through September 2029. One tenant has been there eight years, so you have the security of a long term renter. New boiler three 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 $57,960.

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Home facts

  • Year built:1860
  • Listing ID #:R1638081
  • Added:318 day(s) ago
  • Updated:July 31, 2026 at 02:56 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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