220 Eddy Street, Ithaca, NY 14850

Ithaca
Local realty services provided by:ERA Team VP Real Estate
220 Eddy Street,Ithaca, NY 14850
$1,800,000
  • 18 Beds
  • 6 Baths
  • 5,350 sq. ft.
  • Multi-family
  • Active
Listed by: amanda gulini
Office: berkshire hathaway homeservices heritage realty
MLS#:R1723436
Source:NY_GENRIS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$336.45

About this home

Rare opportunity to acquire an established income producing student housing investment in the heart of Ithaca's highly sought after Collegetown! Ideally situated on Eddy Street, just moments from Cornell University, this property features 18 bedrooms, 6 bathrooms, 4 kitchens, and 4 living areas. Rented for the 2027 - 2028 academic year, the property offers established rental income with future rental commitments in place. Tenants responsible for all utilities. An exceptional opportunity for investors seeking a well-positioned property in Ithaca's Cornell rental market.

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Home facts

  • Year built:1899
  • Subdivision & Development:Section 68
  • Listing ID #:R1723436
  • Added:7 day(s) ago
  • Updated:November 11, 2026 at 04:30 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Carpet, Hardwood, Laminate, Varies
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:5,350 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1899
  • Building area:5,350 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Rectangular
  • Architectural Style:Fourplex
  • Foundation Description:Stone
  • Levels:3 Stories

Schools

  • Elementary school:Belle Sherman

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$336.45
  • Tax amount:$32,736

Features and amenities

  • Amenities:int_feat_Attic

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