129 Linden Avenue, Ithaca, NY 14850
Local realty services provided by:ERA Team VP Real Estate
129 Linden Avenue,Ithaca, NY 14850
$1,150,000
- 17 Beds
- - Baths
- 2,402 sq. ft.
- Multi-family
- Active
Listed by:kyle steele
Office:howard hanna s tier inc
MLS#:R1583611
Source:NY_GENRIS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$478.77
About this home
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.
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Home facts
- Year built:1980
- Listing Id #:R1583611
- Added:216 day(s) ago
- Updated:August 19, 2025 at 02:50 PM
Rooms and interior
- Bedrooms:17
- Living area:2,402 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1980
- Building area:2,402 sq. ft.
Schools
- High school:Ithaca Senior High
- Middle school:Dewitt Middle
- Elementary school:Belle Sherman
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$478.77
- Tax amount:$20,860
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