502 Hudson Street, Ithaca, NY 14850

Local realty services provided by:ERA Team VP Real Estate
502 Hudson Street,Ithaca, NY 14850
$379,000
  • 4 Beds
  • 3 Baths
  • 2,715 sq. ft.
  • Single family
  • Active
Listed by:andrew schreck
Office:warren real estate of ithaca inc. (downtown)
MLS#:R1592450
Source:NY_GENRIS

Price summary

  • Price:$379,000
  • Price per sq. ft.:$139.59

About this home

This unique three-unit investment property offers an excellent opportunity in one of Ithaca's most sought-after neighborhoods. Situated on a corner lot near South Hill Elementary School, the property is fully rented through July 2026, providing easy access to public transportation and is consistently 100% rented due to its proximity to both Cornell University and Ithaca College. Residents enjoy a short walk to the Commons, Ithaca's downtown hub, and direct access to the South Hill Recreation Trail across the street. The third floor has been completely remodeled in 2022. A detached three-car garage and ample off-street parking add further convenience and value to this turn-key investment property. Whether you are a seasoned investor or looking for your first multifamily property, this is a rare find in a high-demand area!

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Home facts

  • Year built:1890
  • Listing Id #:R1592450
  • Added:125 day(s) ago
  • Updated:August 14, 2025 at 02:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,715 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas, Steam

Structure and exterior

  • Roof:Asphalt
  • Year built:1890
  • Building area:2,715 sq. ft.

Schools

  • Elementary school:South Hill

Utilities

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

Finances and disclosures

  • Price:$379,000
  • Price per sq. ft.:$139.59
  • Tax amount:$16,121