14850
For sale
Price
Beds/baths
Home type
14850, 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.
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
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Fantastic investment opportunity with this vacant up/down duplex. Convenient location with fast and easy access to Ithaca College, Cornell, and downtown. On a bus route. BOTH units are empty and ready to go. Upstairs is a 2 bedroom 1.5 bathroom with a balcony. Lower unit is 3 bedroom 1 bathroom with a spacious backyard. Freshly painted, new porch with fresh stain, and lots of other repairs and updates. Strong rents.
Five homes listed together to create a 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.
This rare 9-bedroom gem in downtown offers investment potential and exciting renovation opportunities! With expansive rooms and soaring ceilings, this home exudes grandeur and is just waiting for someone to restore it to its full glory. Imagine the possibilities as you bring this space back to life, preserving its historic charm while adding your own modern touches. Convenience is key, with off-street parking and plenty of street parking, making it easy for large groups to come and go with ease. Whether you're looking for a high-return investment or a project that can offer long-term rewards, this one-of-a-kind property promises both. Don't miss out on the chance to transform this downtown