Belle Sherman, NY homes for sale & real estate

Belle Sherman, NY Homes for Sale

Ithaca townhouse on a small, quiet Belle Sherman cul-de-sac. Built in 2015, home is in excellent condition. On the main floor is a bright kitchen with granite counters and a door to the balcony with new Trex composite boards. Sunny kitchen is open to the dining and living rooms and has a convenient half bathroom. Upstairs are two bedrooms each with a private full bathroom. Laundry is conveniently located on the same floor as the bedrooms. On the street level there is an office and a garage with an entrance into the office. Lustrous oak floors in the living room, dining room, kitchen and powder room. Ceramic tile in the two full bathrooms. The upstairs carpet replaced in 2024 in bedrooms and

Belle Sherman, NY Homes for Sale

Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University’s Collegetown - this property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value-add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.

Belle Sherman, NY Homes for Sale

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.

Belle Sherman, NY Homes for Sale

Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 Lin

Belle Sherman, NY Homes for Sale

Rare opportunity to develop single family homes so close to Cornell and Ithaca College! Adjacent to Eastwood Commons, this large residential lot is in an established neighborhood in the Town of Ithaca with all public services at the street, sidewalks and TCAT Buststops, and the East Hill Rec Trail and 6 Mile Creek Natural Area just steps away. Bring your builder! House at 1360 Slaterville Rd being sold separately as MLS R1557194.