220 E Emerson Street
Ithaca, MI 48847
- – beds
- – baths
- 1,723 sqft
- ~1/2 acre lot
- $74 per sqft
- – on site
Triplex Near Downtown Ithaca – Great Investment Opportunity! Located just minutes from downtown Ithaca, this fully rented triplex is a fantastic investment! Each unit has its own charm, and tenants pay their own utilities, making management simple. Unit 1: A cozy 1-bedroom, 1-bath unit with approximately 475 sq. ft. of living space. All on the main level. Rents for $500/month. Unit 2: A spacious 2-bedroom, 1-bath, two-story unit with about 751 sq. ft. of space. Rents for $625/month. Unit 3: Another 1-bedroom, 1-bath unit with 497 sq. ft., all on the main level. Rents for $550/month. With steady rental income and a prime location near Ithaca’s shops, restaurants, and public transportation, this property is a smart buy. Don’t miss out on this opportunity—schedule a showing today!
Last checked:
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Last updated Mar 11, 2025
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MLS# 1930868 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1959
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Construction:Frame
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Style:1.5 Story
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Roof:Asphalt
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Foundation:Michigan Basement
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Exterior Finish:Vinyl Siding
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Exterior Features:None
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:1723
Interior
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Interior Features:Bay Windows
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Fireplace and Stoves:None
Financial & Terms
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Terms:Conventional Mortgage, Cash
Location
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Latitude:43.292759
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Longitude:-84.604495
The Property
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Property Type:Triplex
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Lot Dimensions:98 x 117
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Acres:0.38
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Zoning:Multi-Family
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Additional Buildings:None
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Deeded Waterfront:no
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Water Features:None
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Road:Public Maintained, Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:74.87
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (989) 463-1219
Taxes
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Tax ID:52-010-093-00
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Summer Taxes:$995.17
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Winter Taxes:$921.77
Heating & Cooling
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Heating & Cooling:Natural Gas
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Heating & Cooling:Forced Air
Utilities
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Water:Municipal
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Sewer:Municipal
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TV/Internet:Unknown
Appliances
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Appliances:Refrigerator, Oven/Range, Blinds, Natural Gas Water Heater
Schools
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School District:Ithaca Public Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:None
Extra Units
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Total # of Units:3
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SqFt Unit 1:751 Sqft
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Unit A Baths:1
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Unit B Bedrooms:2
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Unit B Baths:2
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Unit C Bedrooms:1
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Unit C Baths:1
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Unit C Square Feet:497 Sqft
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/14/25
Feb 14, 2025
|
Listed / Active | NGLRMLS | $129,000 |
