502 Hudson ST Active

Ithaca,NY 14850

$ 379000

4 Beds

3 Baths

2715 SqFt


Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,715 sqft

Price per Sqft $139

MLS Listing ID R1592453

Style Triplex

Bedrooms 4

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1890

Annual Tax Amount $16,121

Lot Size 10,262 Sqft

Acres 0.2356

Lot Dimensions 68X150

Property Sub-Type Multi Family

Property Description

This unique three-unit investment property offers an excellent opportunity in one of Ithaca's most sought-after neighborhoods. Situated on a corner lot near South Hill Elementary School, the property is fully rented through July 2026, providing easy access to public transportation and is consistently 100% rented due to its proximity to both Cornell University and Ithaca College. Residents enjoy a short walk to the
Commons, Ithaca's downtown hub, and direct access to the South Hill Recreation Trail across the street. The third floor has been completely remodeled in 2022. A detached three-car garage and ample off-street parking add further convenience and value to this turn-key investment property. Whether you are a seasoned investor or looking for your first multifamily property, this is a rare find in a high-demand area!

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction Yellow house on the corner of Hudson St and Hillview.

Rooms

Basement Full,Sump Pump

Interior

Interior Features Natural Woodwork

Heating Gas,Baseboard,Steam

Flooring Hardwood,Other,See Remarks,Varies,Vinyl

Fireplaces Number 1

Fireplace Yes

Appliance See Remarks,Water Heater

Exterior

Exterior Feature Patio,Private Yard,See Remarks

Garage Spaces 3.0

Utilities Available Cable Available,High Speed Internet Available,Sewer Connected,Water Connected

Roof Type Asphalt

Porch Patio

Garage Yes

Building

Lot Description Corner Lot,Rectangular,Rectangular Lot,Residential Lot

Foundation Block

Sewer Connected

Water Connected,Public

Architectural Style Triplex

Structure Type Vinyl Siding,Wood Siding,Copper Plumbing,PEX Plumbing

Construction Status Existing

Schools

Elementary Schools South Hill

School District Ithaca

Others

Senior Community No

Tax ID 91.-5-4

Acceptable Financing Cash,Conventional,Other,See Remarks

Listing Terms Cash,Conventional,Other,See Remarks

Special Listing Condition Standard

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