436 Aurora StIthaca, NY 14850

  • Investment properties
  • 1,722 SF
For Sale
$425,000 View listing

Property Details for 436 Aurora St

Year built
1970
Lot size
0.09 AC
Property size (Sq ft)
1,722 SF
Zone code
R-2B
Property type
Investment properties
Property subtype
Live-work space
APN
500700 46.-6-8
APU
5007004668

Description

This exceptional investment opportunity in Ithaca, NY, presents two parcels totaling 0.19 acres at 436 N Aurora St. The first parcel features a charming 1829 sq ft, two-story building ideally situated in the desirable Fall Creek neighborhood, just three blocks from the vibrant Ithaca Commons. The main level currently functions as a professional office space, complete with a waiting room, reception area, four individual offices, and additional versatile rooms. The upper level offers ample space suitable for residential use, potentially as a single-family home or rental unit. This upper level could also be used as additional office space. The property includes on-site parking behind the building and an existing barn with potential for restoration. The second parcel is a vacant 0.19-acre lot currently used as a parking area, accommodating approximately a dozen vehicles. This lot presents significant development potential, allowing for the construction of a single-family home, duplex, or other suitable structure. The property's central location provides easy access to the TCAT bus route, Cascadilla Creek, parks, and all the amenities Ithaca offers. This combined offering presents a unique opportunity for investors seeking a blend of existing income potential and future development possibilities in a highly sought-after area. The sale includes both the office building and the vacant lot, creating a rare and compelling investment package.

436 Aurora St, Ithaca, New York

Location Insight

City
Ithaca
County
Tompkins
State
New York
Latitude
42.4443
Longitude
-76.4962
CBSA code
27060
CBSA name
ITHACA, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$35,000
$175,000
$210,000
-
$35,000
$175,000
$210,000

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