Homes with Basements for Sale in 14850, NY

Home with Basement for sale in 14850, NY:

Set on over 7 acres of level, open grassland, this inviting farmette-style property offers space, versatility, and long-term potential—all within the Ithaca City School District. The ranch home is currently configured as a 2-bedroom, 1-bath residence, with the flexibility to be re-converted to a 3-bedroom in addition to finishing the full basement to add more usable square footage. Inside, you’ll find hardwood flooring and a home built on a solid block foundation, complemented by key mechanical updates-important improvements that add value- including a furnace installed just one year ago, a hot water heater replaced three years ago, and windows approximately ten years old. An at

Home with Basement for sale in 14850, NY:

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.

Home with Basement for sale in 14850, NY:

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.

Home with Basement for sale in 14850, NY:

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