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EXECUTIVE SUMMARY
Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking. Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M. Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.
PROPERTY FACTS
| Price | $2,931,432 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $154,286 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.58 AC |
| No. Units | 19 | Building Size | 16,674 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1975 |
| Price | $2,931,432 CAD |
| Price Per Unit | $154,286 CAD |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 16,674 SF |
| No. Stories | 3 |
| Year Built | 1975 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 500700-093-000-0006-008-000-0000 | Improvements Assessment | $922,967 CAD |
| Land Assessment | $63,410 CAD | Total Assessment | $986,377 CAD |
PROPERTY TAXES
Parcel Number
500700-093-000-0006-008-000-0000
Land Assessment
$63,410 CAD
Improvements Assessment
$922,967 CAD
Total Assessment
$986,377 CAD
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204 W Spencer St
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