1283 Ellis Hollow Road, Ithaca, NY 14850

Ithaca
Local realty services provided by:HUNT Real Estate ERA
1283 Ellis Hollow Road,Ithaca, NY 14850
$570,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 2,713 sq. ft.
  • Multi-family
  • Active
Listed by: christine delvecchio
Office: warren real estate of ithaca inc.
MLS#:R1668595
Source:NY_GENRIS

Price summary

  • Price:$570,000
  • Price per sq. ft.:$210.1

About this home

Here's a solid investment opportunity in the heart of Ellis Hollow, just minutes from Cornell's Vet School! First time on the market since 1998, this is a side-by-side 4-unit rental property that is fully rented through July 31, 2026 earning $64,800 annual gross income! Attractive log design with covered front porch with ample parking for tenants and guests. Each unit is rented for $1,350 + utilities (all separate) and are in great condition overall. Main level spaces in each unit include a living room open to kitchen and full bath with tub/showers. Upstairs there is 1 bedroom plus a large office room/sitting room. Outside space for tenants in each unit too - concrete back patios with privacy walls between each unit. Oversized 1.47 acre lot with wooded views. Many recent improvements including septic (2024), well pump (2022), windows, roofing. The owners have taken great care of this property throughout the years. They also lived in Unit 4 upon first purchase so it's a flexible...

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Home facts

  • Year built:1985
  • Listing ID #:R1668595
  • Added:52 day(s) ago
  • Updated:May 16, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Ceramic Tile, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:2,713 sq. ft.

Heating and cooling

  • Heating:Gas, Wall Furnace

Structure and exterior

  • Roof:Asphalt, Membrane, Rubber, Shingle
  • Year built:1985
  • Building area:2,713 sq. ft.
  • Lot area:1.47 Acres
  • Lot Features:Irregular Lot
  • Architectural Style:Fourplex
  • Construction Materials:Copper Plumbing, Frame, Log Siding, Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Block
  • Levels:2 Stories

Schools

  • High school:Ithaca Senior High
  • Middle school:Dewitt Middle
  • Elementary school:Caroline Elementary

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$570,000
  • Price per sq. ft.:$210.1
  • Tax amount:$8,774

Parking

  • Parking description:Gravel Driveway, Parking Available

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