Fantastically updated 4 unit property with a 7% CAP rate providing immediate positive cash flow. All new boilers, hot water heaters, new double pane windows, new flooring, updated kitchens with new cabinets, updated bathrooms, lighting, paint. Beautiful Cayuga Trail runs along the back border and leads to 550-acre Monkey Run Natural Area. An investment doesn't get easier than this. Huge driveway with turn around room plus a large wooded backyard. Almost a full acre. Only 1.8 miles to Cornell Campus, Vet School, and the bus to campus stops almost right in front of the house. This is a good opportunity for an investor, or perfect for someone who will be here to attend school.
Off market
$527,600
1056 Dryden Rd, Ithaca, NY 14850
--beds
0baths
3,864sqft
MultiFamily
Built in 1975
-- sqft lot
$527,600 Zestimate®
$137/sqft
$1,866 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Gas, Oil
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Basement: No Basement
Interior area
- Total interior livable area: 3,864 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
Lot
- Size: 0.90 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1975
Utilities & green energy
- Water: Municipal-Existing
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Appliances Convey: Dishwasher, Refrigerator, Stove-Gas, Washer/Dryer Coin Op
- Basement: No Basement
- Extras: CO Detector, Smoke Detector, Common Laundry
- Heat/Cooling: Boiler, Natural Gas, Baseboard, Hot Water
- Roof: Asphalt
- Property Type: Multi-Unit
- Sewer/Septic: Municipal-Existing
- Water Source: Municipal-Existing
- Property Subtype 1: 1-4 Units
- On Site Parking: 7-10
- Driveway: Gravel