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For sale
  • $1,100,000

    133 Linden Ave, Ithaca, NY 14850

    2beds
    0baths
    2,510sqft
    Multi Family, Single Family Residence
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $438/sqft
    $-- HOA

    What's special

    Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 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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    135
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: January 09, 2025 at 08:20am

    Listing by:

    Howard Hanna S Tier Inc 607-257-0800,

    Kyle Steele 607-342-2148

    Source: NYSAMLSs,MLS#: R1583626MLS 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 133 Linden Ave.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
    Features
    • Flooring: Laminate, Varies, Vinyl
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,510
    • Total interior livable area: 2,510 sqft

    Property

    Parking
    • Parking features: Three or more Spaces, No Garage
    Features
    • Stories: 3
    • Exterior features: Gravel Driveway
    Lot
    • Size: 4,713.19 Square Feet
    • Dimensions: 49 x 96
    • Features: Near Public Transit, Rectangular
    Details
    • Parcel number: 50070006700000030250000000
    • 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: 1975

    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: $438/sqft
    • Tax assessed value: $580,000
    • Annual tax amount: $18,613
    • Date on market: 1/6/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
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