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Property at 116 - 118 Ferris Place, Ithaca City, NY 14850
ACTIVE
0
$1,570,000

116 - 118 Ferris PlaceIthaca City, NY, 14850

Unit • 186 Beds8,902 SqFt0.27 Acres
Just off State street, a few blocks South off Collegetown center, and just up the hill from the Commons, this large 24 bedroom building is nestled along the gorges and preserves. Its just above 6 mile creek preserve and the footbridge over the creek is just down the street a few hundred feet. Out the back windows its all beautiful green and shade. A large duplex building it is divided into a number of apartments. Sitting just below a large new expensive complex, this charming location offers apartments with bay windows in many units, and large rooms uncommon in todays cookie cooker new housing. The pricing is appealling to students and yet leaves a lot of room for increase with improvements. Come look it over and see how this would fit into your portfolio. Then I will list the apartments in each building and number of bedrooms in each unit, and total bedrooms. Apartment room distribution 116-1 5 bedroms, 2 baths. 116-2 3 bedrooms, 1 bath. 118-3 3 bedrooms, 1 bath. 118-1 6 bedrooms, 1 bath. 118-2 4 bedrooms, 1 bath Delayed Offers in effect, no offers will be reviewed until Wednesday, July 1 @ 10:00 am.
1 / 40

Est. Monthly

$7,442/MO

$1,570,000

116 - 118 Ferris Place, Ithaca City, NY

Unit • 186 Beds8,902 SqFt0.27 Acres

Just off State street, a few blocks South off Collegetown center, and just up the hill from the Commons, this large 24 bedroom building is nestled along the gorges and preserves. Its just above 6 mile creek preserve and the footbridge over the creek is just down the street a few hundred feet. Out the back windows its all beautiful green and shade. A large duplex building it is divided into a number of apartments. Sitting just below a large new expensive complex, this charming location offers apartments with bay windows in many units, and large rooms uncommon in todays cookie cooker new housing. The pricing is appealling to students and yet leaves a lot of room for increase with improvements. Come look it over and see how this would fit into your portfolio. Then I will list the apartments in each building and number of bedrooms in each unit, and total bedrooms. Apartment room distribution 116-1 5 bedroms, 2 baths. 116-2 3 bedrooms, 1 bath. 118-3 3 bedrooms, 1 bath. 118-1 6 bedrooms, 1 bath. 118-2 4 bedrooms, 1 bath Delayed Offers in effect, no offers will be reviewed until Wednesday, July 1 @ 10:00 am.

StatusActive
Property TypeMulti Family
Property SubtypeOther
Year Built1900

Est. Monthly Payment

$7,441.76

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

116 - 118 Ferris Place

Ithaca City, NY 14850 • Tompkins
6
Beds
—
Baths
8,902
SqFt
0.27
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Other
Year Built
1900126 years ago
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $21,420
Property History
  • Listed for sale
    Jun 26, 2026 • NYSAMLS • R1694242
    $1,570,000
Mortgage Calculator
Estimated monthly payment for this property
$7,441.76
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1694242
  • Listing Office
    Berkshire Hathaway Home Services Heritage Realty
  • Last Updated
    3 hours ago

Appliances

  • Appliances
    • Dishwasher
    • Gas Oven
    • Gas Range
    • Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Hot Water
    • Radiators

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Laminate
    • Luxury Vinyl
    • Varies
    • Vinyl
  • Basement
    • Finished
    • Walk Out Access
  • Interior Features
    • Ceiling Fans
    • Entrance Foyer

Parking

  • Parking Features
    • One Space
    • No Garage

Lot & Grounds

  • Lot Size
    0.27 acres
  • Lot Features
    • Irregular Lot
    • Near Public Transit
    • Residential Lot
    • Wooded
  • Exterior Features
    Gravel Driveway

Type

  • Property Type
    Multi Family
  • Property Subtype
    Other

Structure

  • Construction
    • Frame
    • Copper Plumbing
  • Roof
    • Architectural
    • Pitched
    • Shingle

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Water
    Connected
  • Sewer
    Connected
  • Electric
    Circuit Breakers
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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