419 N Albany ST, Ithaca, NY 14850
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419 N Albany ST, Ithaca, NY 14850
419 N Albany ST, Ithaca, NY 14850
419 N Albany ST, Ithaca, NY 14850
419 N Albany ST, Ithaca, NY 14850
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$ 499,000
Est. payment /mo
Price Dropped by $20K

419 N Albany ST Ithaca, NY 14850

6 Beds

2 Baths

2,682 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,682 sqft

Price per Sqft $186

Subdivision Section 50

MLS Listing ID R1673604

Style Duplex

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1890

Annual Tax Amount $14,774

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40X99

Property Sub-Type Duplex

Property Description

Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, ½ mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and $1900/month (a bit under market). Strong opportunity for future income. Tenants are friendly, reliable, and responsible, allowing a smooth transition for the next owner. Directly across from a beautiful 3-acre city park complete with a public pool and basketball courts. An elementary school and community center are 1 block away, adding to the neighborhood's appeal. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex is a fantastic opportunity. Owner in the process of getting transferable C of C. Don't miss the virtual tour!

Location

State NY

County Tompkins

Community Section 50

Area Ithaca-City-500700

Rooms

Basement Crawl Space, Full, Walk-Out Access

Interior

Interior Features Ceiling Fan(s)

Heating Gas, Zoned, Baseboard, Hot Water, Multiple Heating Units

Cooling Zoned

Flooring Carpet, Hardwood, Tile, Varies, Vinyl

Fireplace No

Window Features Thermal Windows

Appliance Gas Water Heater

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt,Metal,Shingle

Porch Covered, Open, Porch

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Block, Stone

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Frame,Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Beverly J Martin Elementary

School District Ithaca

Others

Senior Community No

Tax ID 500700-050-000-0003-021-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://tours.actionhousemedia.com/tours/Y_6WyYNO7


Listed by Howard Hanna S Tier Inc

NEARBY SCHOOLS & PROPERTIES

CB Faith Ilion Office

CB Faith Ilion Office

Broker | License ID: 30VI0627417

+1(315) 574-2260

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419 N Albany ST