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Incredible Investment Opportunity in the Heart of Cornell's Collegetown

Listing was updated on: 03/23/2020
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Property Overview

Price/Rent PSF $ 2,900,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 2,232
Date Available 03/23/2020
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Floors 2
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Description

Location
Prime location and incredible investment opportunity in the heart of Cornell University's Collegetown. Currently used as a boarding house, there are 9 bedrooms and 4 bathrooms divided into three separate units and legal for 13 unrelated occupants.
This property is located in the CR-4 district, current permitted uses include multiple dwelling, rooming and boarding house, as well as townhouses or garden apartment housing. The zoning in this area would permit building up to 5 stories.
Please consult City of Ithaca Zoning Dept for further details.



Sale
Prime location and incredible investment opportunity in the heart of Cornell University's Collegetown. Currently used as a boarding house, there are 9 bedrooms and 4 bathrooms divided into three separate units and legal for 13 unrelated occupants.
This property is located in the CR-4 district, current permitted uses include multiple dwelling, rooming and boarding house, as well as townhouses or garden apartment housing. The zoning in this area would permit building up to 5 stories.
Please consult City of Ithaca Zoning Dept for further details.

Location

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