Exciting East Hill Investment Opportunity! Situated in a country setting on just shy of 2 acres, 5-10 minute drive to Cornell University and downtown Ithaca. The spacious lot has a huge green space great for entertaining, abundant parking, and extra storage sheds. 5 of 6 apartments are 2 bedrooms, with generous living rooms, roomy bedrooms, and large kitchens for grand entertaining. Updated custom concrete or stainless steel counters, laminate flooring/tile throughout. Amenities such as coin-op laundry and garbage onsite make this property turn key!All units have separate gas/electric meters (which tenants are responsible for). Added bonus of hot water heater and furnaces for each unit make this an ideal investment possibility!
Sold for $618,000 on 04/18/23
$618,000
1289 Ellis Hollow Rd, Ithaca, NY 14850
--beds
0baths
4,950sqft
Multi Family
Built in 1985
-- sqft lot
$708,000 Zestimate®
$125/sqft
$2,722 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2024 at 09:18am
Listed by:
Alanie Woodin alanie@hartandhomes.com,
RE/MAX In Motion
Bought with:
Alida Osetek, 10401351986
Berkshire Hathaway HomeServices Heritage Realty
Source: NYSAMLSs,MLS#: IB406643
Originating MLS: Ithaca Board of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas, Separate Meters, Baseboard
Cooling
- Separate Meters
Appliances
- Included: Electric Oven, Electric Range, Refrigerator
- Laundry: Common Area, Coin-operated
Features
- Basement: None
Interior area
- Total structure area: 4,950
- Total interior livable area: 4,950 sqft
Property
Lot
- Size: 1.88 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block
- Roof: Metal
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Laundry Facilities
Location
- Region: Ithaca
Other
Other facts
- Listing terms: Cash,Conventional