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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 202 Lake Street, Ithaca City, NY 14850
ACTIVE
0
$525,000

202 Lake StreetIthaca City, NY, 14850

3 Beds3 Baths1,704 SqFt0.18 Acres
Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in the basement with access available to all tenants. A current Certificate of Compliance is in place. This property also presents an excellent option for an owner-occupant to live in one unit while renting the others to help offset expenses and supplement income. Conveniently located near downtown, shopping, dining, and public transportation, this multi-unit property offers both long-term value and flexibility. A rare opportunity to own a quality income-producing property in a desirable Ithaca location.
1 / 36

Est. Monthly

$2,488/MO

$525,000

202 Lake Street, Ithaca City, NY

3 Beds3 Baths1,704 SqFt0.18 Acres

Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in the basement with access available to all tenants. A current Certificate of Compliance is in place. This property also presents an excellent option for an owner-occupant to live in one unit while renting the others to help offset expenses and supplement income. Conveniently located near downtown, shopping, dining, and public transportation, this multi-unit property offers both long-term value and flexibility. A rare opportunity to own a quality income-producing property in a desirable Ithaca location.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1870

Est. Monthly Payment

$2,488.49

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

202 Lake Street

Ithaca City, NY 14850 • Tompkins
3
Beds
3
Baths
1,704
SqFt
0.18
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1870156 years ago
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $17,185
Property History
  • Listed for sale
    Jun 28, 2026 • NYSAMLS • R1694445
    $525,000
Mortgage Calculator
Estimated monthly payment for this property
$2,488.49
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#
    R1694445
  • Listing Office
    Berkshire Hathaway Home Services Heritage Realty
  • Last Updated
    2 hours ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Varies
    • Vinyl
  • Basement
    Full

Parking

  • Parking Features
    • Gravel
    • Two Or More Spaces
    • Unpaved

Lot & Grounds

  • Lot Size
    0.18 acres
  • Lot Features
    • Corner Lot
    • Irregular Lot
    • Residential Lot
  • Patio & Porch
    • Covered
    • Deck
    • Open
    • Porch
  • Exterior Features
    Deck

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Triplex

Structure

  • Construction
    Vinyl Siding
  • Roof
    Asphalt
  • Foundation
    • Block
    • Stone

Condition

  • Year Built
    1870
  • Condition
    Resale
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Electricity Connected
    • 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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