505 Dryden Road

Active

Ithaca - City NY, 14850

$1,150,000

$266.33 per sqft

Active

11 Beds

3 Baths

4,318 sqft

Multi-family

Built in 1900

505 Dryden Road in Ithaca, New York, is a multi-family residence offering various rental units suitable for students and professionals. The property features multiple units. The property is conveniently located in the heart of Collegetown, providing easy access to local amenities, public transit, and an Ivy League Institution.
The Building rests on a generously sized lot with eight off-street parking spaces.
Rental occupancy rates have been 100% consistently with a steady incline in gross revenues. The property is located in a most desirable and safe location enhancing Tenants confidence and accessibility to various parts or Cornell campus and The City making it a profitable building for Investors or a suitable choice for those seeking accommodation in Ithaca.

R1586857

MLSⓇ ID

February 3, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories: 4
Bedrooms: 11
Total Bathrooms: 3
Full Bathrooms: 3
Interior Features: Natural Woodwork
Appliances: Gas Water Heater
Floor Description: Hardwood, Laminate, Varies, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Zoned
Heating: Yes
Heating Description: Gas, Zoned, Baseboard, Hot Water

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: Rectangular, Residential Lot
Architectural Style: Triplex
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: $23,836
Tax Frequency: Annually
Days on Market: 11
Garage: No
Parking: Other, See Remarks, Two or More Spaces
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 Warren Real Estate of Ithaca Inc. (Downtown), David Wahl

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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 7:53 PM UTC, 2/21/2025