1718 Mecklenburg | Ithaca, NY 14850
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- LoopNet Team
1718 Mecklenburg
Ithaca, NY 14850
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Quiet university/collegetown community: Cornell University, Ithaca College, Tompkins Cortland Community College
- No zoning, and ample acreage to develop additional rental units or single family homes
- 7 minutes to downtown Ithaca and business district
- Lots of natural light, and on the finger lakes wine trail
- On the public bus route with access to the medical center, state parks (3 within 10 mins), Cornell University, Ithaca College, and Cayuga Lake
PROPERTY FACTS
| No. Units | 13 | Lot Size | 14.82 AC |
| Property Type | Multifamily | Building Size | 11,460 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Zoning | Commercial - No zoning, but site plan required for any development. | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 14.82 AC |
| Building Size | 11,460 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | Commercial - No zoning, but site plan required for any development. |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Basement
- Dining Room
- Handrails
- Lawn
- Pantry
- Porch
- Smoke Free
SITE AMENITIES
- Security System
- Recycling
- Smoke Free
- Trash Pickup - Door to Door
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $937.50 | - |
| 2+2 | 2 | $975.00 | - |
| 1+1 | 5 | $887.50 | - |
| 3+2 | 2 | $975.00 | - |
| Studios | 1 | $900.00 | - |
PROPERTY TAXES
| Parcel Number | 502600-004-000-0001-008-002-0000 | Improvements Assessment | $795,000 |
| Land Assessment | $55,000 | Total Assessment | $850,000 |
PROPERTY TAXES
Parcel Number
502600-004-000-0001-008-002-0000
Land Assessment
$55,000
Improvements Assessment
$795,000
Total Assessment
$850,000
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