505 Dryden Road, Ithaca, NY 14850

Ithaca
Local realty services provided by:ERA Team VP Real Estate
505 Dryden Road,Ithaca, NY 14850
$1,000,000
  • 11 Beds
  • 3 Baths
  • 4,318 sq. ft.
  • Multi-family
  • Active
Listed by: david wahl
Office: warren real estate of ithaca inc. (downtown)
MLS#:R1670708
Source:NY_GENRIS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$231.59

About this home

Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces. Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.

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Home facts

  • Year built:1900
  • Listing ID #:R1670708
  • Added:141 day(s) ago
  • Updated:August 23, 2026 at 02:52 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full, Partially Finished
  • Living area:4,318 sq. ft.

Heating and cooling

  • Cooling:Zoned
  • Heating:Baseboard, Gas, Hot Water, Zoned

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:4,318 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Triplex
  • Construction Materials:Wood Siding
  • Foundation Description:Stone
  • Levels:4 Stories

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:$1,000,000
  • Price per sq. ft.:$231.59
  • Tax amount:$23,836

Features and amenities

  • Amenities:Furnished

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