129 Linden AVE Active

Ithaca,NY 14850

$ 1150000

17 Beds

0 Bath

2402 SqFt


Key Details

Property Type Multi-Family

Sub Type Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 2,402 sqft

Price per Sqft $478

MLS Listing ID R1583611

Bedrooms 17

Construction Status Existing

HOA Y/N No

Year Built 1980

Annual Tax Amount $20,860

Lot Size 5,052 Sqft

Acres 0.116

Lot Dimensions 54X94

Property Sub-Type Rooming House

Property Description

Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction Linden Ave runs between College Ave and Delaware Ave.

Rooms

Basement Walk-Out Access

Interior

Heating Gas,Forced Air

Flooring Hardwood,Luxury Vinyl,Varies

Fireplace No

Appliance Dryer,Dishwasher,Electric Oven,Electric Range,Gas Water Heater,Refrigerator,Washer

Exterior

Exterior Feature Blacktop Driveway,Deck,Gravel Driveway

Utilities Available Sewer Connected,Water Connected

Roof Type Asphalt,Shingle

Porch Deck

Garage No

Building

Lot Description Near Public Transit,Rectangular,Rectangular Lot

Story 2

Sewer Connected

Water Connected,Public

Level or Stories Two

Structure Type Composite Siding

Construction Status Existing

Schools

Elementary Schools Belle Sherman

Middle Schools Dewitt Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 500700-067-000-0003-024-000-0000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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