525 W Green Street, Ithaca, NY 14850
Local realty services provided by:ERA Team VP Real Estate
525 W Green Street,Ithaca, NY 14850
$549,000
- 8 Beds
- 4 Baths
- 4,210 sq. ft.
- Multi-family
- Active
Listed by: jennifer wansink
Office: howard hanna s tier inc
MLS#:R1662383
Source:NY_GENRIS
Price summary
- Price:$549,000
- Price per sq. ft.:$130.4
About this home
Great income generator with annual revenue of $66,000! Ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable.
Numerous updates enhance both value and appeal, including a new metal roof, new flooring, fresh interior paint, and more (see full list of improvements). Each unit features generously sized bedroom(s), functional kitchen, and inviting living spaces designed for comfortable everyday living.
With separate gas and electric utilities, updated mechanicals, and solid construction, this property offers efficiency and ease of management. Additional amenities include parking space for 3-4 vehicles, a basement laundry area, ample storage space, and a fenced private yard, all highly desirable features for tenants. All four units are currently rented, providing immediate income and strong rental demand in a sought-after location. This property supports long-term stability and tenant retention.
Whether you are expanding your investment portfolio or seeking an owner-occupant opportunity with built-in income, this turnkey multifamily delivers versatility and reliable cash-flow potential, a rare opportunity. Schedule your private showing today!...
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Home facts
- Year built:1975
- Listing ID #:R1662383
- Added:94 day(s) ago
- Updated:May 22, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Laminate, Varies, Vinyl
- Basement:Yes
- Basement Description:Full, Sump Pump, Walk Up Access
- Living area:4,210 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas
Structure and exterior
- Roof:Metal
- Year built:1975
- Building area:4,210 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Irregular Lot, Near Public Transit, Residential Lot
- Architectural Style:Fourplex
- Construction Materials:Stucco
- Exterior Features:Fence
- Foundation Description:Block
- Levels:3 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:$549,000
- Price per sq. ft.:$130.4
- Tax amount:$15,379
Features and amenities
- Amenities:Fence
Parking
- Parking description:Common, Concrete Driveway, Unpaved
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