1038 Danby Road

Active

Ithaca - Town NY, 14850

$1,750,000

$1,201.92 per sqft

Active

15 Beds

1,456 sqft

Other

Built in 2007

Rare opportunity in a prime High-Density Residential area! Approx. 3-acres of land located across from Ithaca College and moments away from downtown Ithaca. Available now on Danby Rd. (96B). This gem presents an enticing prospect for developers & investors alike. One of the standout features of this property is the existing income-producing potential it offers. For the past 25 years, the 5 properties have been generating steady revenue, making it a promising investment opportunity with a proven track record. All the essential infrastructure for development is on-site. House Lots are beautifully landscaped, complementing the vibrant surroundings. With the flexibility of HDR Zoning to develop condominiums, townhouses, apartment buildings, and other multiple family housing for developers. The possibilities are endless!

R1580737

MLSⓇ ID

December 10, 2024

Listed

December 10, 2024

Updated

Map

1038 Danby Road
Ithaca - Town NY, 14850

Interior Features

Total Stories: 1
Bedrooms: 15
Interior Features: Other, See Remarks, Sliding Glass Door(s)
Appliances: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
Laundry Description: Common Area, Washer Hookup
Floor Description: Carpet, Hardwood, Laminate, Varies
Fireplace: No
Cooling: Yes
Cooling Description: Wall Unit(s)
Heating: Yes
Heating Description: Gas

Exterior/Building Features

Lot Size: 1.11 Acres
Exterior Features: Deck, Gravel Driveway
Lot Features: Irregular Lot, Residential Lot, Wooded
Roof: Asphalt
Sewer: Connected

School Information

School District: Ithaca
Elementary School: South Hill

Other Property Details

Area Name: Ithaca-Town-503089
Taxes: $21,680
Tax Frequency: Annually
Garage: Yes
Garage Spaces: 1
Parking: Three or more Spaces, Garage
View: No
County: Tompkins
Municipality: Not Applicable
Water Source: Connected, Public
Pool: No

Courtesy of Berkshire Hathaway HomeServices Heritage Realty, Elizabeth Cree

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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 6:41 PM UTC, 12/10/2024