301-303 Cornell Street

Active

Ithaca - City NY, 14850

$1,425,000

$631.65 per sqft

Active

5 Beds

2,256 sqft

Other

Built in 1980

This rare offering features an up/down duplex and a three-unit building, all on one parcel, perfectly positioned near Cornell's bustling campus. Boasting five total units, the property promises steady rental income with strong tenant demand. Each unit is well-maintained, offering a mix of spacious layouts. Ample off-street parking ensures tenant convenience, while on-site laundry adds extra appeal. Whether for student housing or long-term tenants, this is an exceptional value in a high-demand location. Investors will appreciate the potential for consistent cash flow and property appreciation in one of Ithaca's most desirable areas.

R1573725

MLSⓇ ID

October 23, 2024

Listed

February 21, 2025

Updated

Interior Features

Total Stories: 3
Bedrooms: 5
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Floor Description: Carpet, Tile, Varies, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Window Unit(s)
Heating: Yes
Heating Description: Gas, Hot Water

Exterior/Building Features

Lot Size: 0.23 Acres
Exterior Features: Gravel Driveway
Lot Features: Corner Lot, Near Public Transit
Roof: Asphalt
Sewer: Connected

School Information

School District: Ithaca
High School: Ithaca Senior High
Elementary School: Belle Sherman

Other Property Details

Area Name: Ithaca-City-500700
Taxes: $30,487
Tax Frequency: Annually
Garage: No
Parking: Two Spaces, Driveway, No Garage
View: No
County: Tompkins
Municipality: Not Applicable
Water Source: Connected, Public
Pool: No
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Courtesy of Howard Hanna S Tier Inc, Kyle Steele

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Ellen O'Connor, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 7:52 PM UTC, 2/21/2025