2-4 Main Street

Five unit apartment building with 7 bedrooms and 5 bathrooms total, on Fall Creek in the Village of Freeville. It’s a short drive to Cornell, Ithaca College and downtown Ithaca, and Cortland is also close by. The building is fully occupied and brings in $77,940 in annual gross rent. Four of the five units look out over the creek toward the Genung Nature Preserve on the far bank. The building has two 2 bedroom apartments and three 1 bedroom apartments. Granite counters, tile and marble run throughout. Apartments 4 and 5 each have a washer, dryer and dishwasher in the unit, and the building also has coin operated laundry machines. Apartment 4 has radiant heat, skylights and a large kitchen. Apartment 5 has a gas fireplace, a marble bar, a mosaic tile floor, a walk in closet and a private deck over the creek. Tenants in the 2 bedroom units pay their own utilities, and the 1 bedroom units rent with utilities included. The building has natural gas heat, an artesian well and public sewer. There are 4 gas meters, 6 electric meters and two parking spaces per unit. The rent roll and 2026 expenses are available to qualified buyers.