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For sale
  • Price cut: $250K (4/8)
    $1,500,000

    1032-1038-103 Danby Rd, Ithaca, NY 14850

    15beds
    0baths
    7,858sqft
    Multi Family
    Built in 2007
    -- sqft lot
    $1,417,800 Zestimate®
    $191/sqft
    $-- HOA

    What's special

    Five homes listed together to create a rare opportunity in a prime High-Density Residential area! Approx. 3-acres of land located across from Ithaca College and moments away from downtown Ithaca. Available now on Danby Rd. (96B). This gem presents an enticing prospect for developers & investors alike. One of the standout features of this property is the existing income-producing potential it offers. For the past 25 years, the 5 properties have been generating steady revenue, making it a promising investment opportunity with a proven track record. All the essential infrastructure for development is on-site. House Lots are beautifully landscaped, complementing the vibrant surroundings. With the flexibility of HDR Zoning to develop condominiums, townhouses, apartment buildings, and other multiple family housing for developers. The possibilities are endless!
    103 days
    on Zillow
    |
    305
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2025 at 10:00am

    Listing by:

    Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,

    Elizabeth Cree 607-428-0708

    Source: NYSAMLSs,MLS#: R1580737MLS LogoOriginating MLS: Ithaca Board of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1032-1038-103 Danby Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Common Area, Washer Hookup
    Features
    • Other, See Remarks, Sliding Glass Door(s)
    • Flooring: Carpet, Hardwood, Laminate, Varies
    • Doors: Sliding Doors
    • Basement: Crawl Space,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 7,858
    • Total interior livable area: 7,858 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Three or more Spaces, Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Deck, Gravel Driveway
    Lot
    • Size: 3 Acres
    • Dimensions: 326 x 270
    • Features: Irregular Lot, Residential Lot, Wooded
    Details
    • Parcel number: 50308903900000010090010000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other, See Remarks
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 2007

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Storage Facilities
    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $1,290,000
    • Annual tax amount: $21,680
    • Date on market: 12/10/2024
    • Listing terms: Cash
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