Listing Detail
Listings Directory > Listing Details
$450,850
For Sale
112-114 Ferris Place
Ithaca, NY 14850
Belle Sherman
County: Tompkins
Lot Size: 62 x 90
Bedrooms: 12
Full Baths: 4
Built: 1900
MLS: 130625
Presented By
James R. Orcutt Jr.
(607) 277-4723
Contact Me
Three-unit income property with impressive cash flow and convenient proximity to Cornell campus. Pretty, quiet, side street. Current tenants consist mainly of graduate students (i.e., quiet, studious tenants). Owner has made extensive capital improvements. Gross revenues of $69k+. Cap rate of 8.6%. Contact listing agent for a property overview including: list of capital improvments, rent roll, proforma income statement and cash flow projections.








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Other Details
  • Property Type: Multi Unit
  • Style: 2.5 Story 3-Unit
  • Exterior: Wood
  • Roof: Asphalt/Fiberglass Shingle
  • Level(s): 2
  • Floor: Wood/Vinyl
  • Parking: None
  • Heating: NG Forced Air 112-114 Ferris; Electric 114 1/2 Ferris
  • Cooling: NG Forced Air 112-114 Ferris; Electric 114 1/2 Ferris
  • Zoning: R-2A
  • Listing Area: Beverly Martin
  • Distance To Transit: 150 Ft
  • School District: Ithaca City Schools
  • Elementary School: Belle Sherman
  • Jr High School: DeWitt
  • High School: Ithaca High School

James Orcutt Real Estate 324 Dryden Road #2 Ithaca, NY 14850
Phone: Cell: Fax:

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