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For sale
    • $1,150,000

    129 Linden Ave, Ithaca, NY 14850

    17beds
    0baths
    2,402sqft
    Multi Family, Single Family Residence
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $479/sqft
    $-- HOA

    What's special

    Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
    102 days
    on Zillow
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    182
    |
    4
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    Zillow last checked: 7 hours ago

    Listing updated: January 09, 2025 at 08:19am

    Listing by:

    Howard Hanna S Tier Inc 607-257-0800,

    Kyle Steele 607-342-2148

    Source: NYSAMLSs,MLS#: R1583611MLS 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 129 Linden Ave.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 0
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Luxury Vinyl, Varies
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,402
    • Total interior livable area: 2,402 sqft

    Property

    Parking
    • Parking features: Three or more Spaces, No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Blacktop Driveway, Deck, Gravel Driveway
    Lot
    • Size: 5,052.96 Square Feet
    • Dimensions: 54 x 94
    • Features: Near Public Transit, Rectangular
    Details
    • Parcel number: 50070006700000030240000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • Composite Siding
    • Roof: Asphalt,Shingle
    Condition
    • Resale
    • Year built: 1980

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $479/sqft
    • Tax assessed value: $700,000
    • Annual tax amount: $20,860
    • Date on market: 1/6/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
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