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Under contract
  • Price cut: $10K (5/12)
    $399,000

    502 Hudson St, Ithaca, NY 14850

    4beds
    2,715sqft
    Single Family Residence
    Built in 1890
    10,262.74 Square Feet Lot
    $-- Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Ample off-street parkingDetached three-car garageCorner lot
    This unique three-unit investment property offers an excellent opportunity in one of Ithaca's most sought-after neighborhoods. Situated on a corner lot near South Hill Elementary School, the property is fully rented through July 2026, providing easy access to public transportation and is consistently 100% rented due to its proximity to both Cornell University and Ithaca College. Residents enjoy a short walk to the Commons, Ithaca's downtown hub, and direct access to the South Hill Recreation Trail across the street. The third floor has been completely remodeled in 2022. A detached three-car garage and ample off-street parking add further convenience and value to this turn-key investment property. Whether you are a seasoned investor or looking for your first multifamily property, this is a rare find in a high-demand area!
    61 days
    on Zillow
    |
    1,039
    |
    43
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 08:24am

    Listing by:

    Warren Real Estate of Ithaca Inc. (Downtown) 607-257-0666,

    Andrew Schreck 585-802-7827

    Source: NYSAMLSs,MLS#: R1592450MLS LogoOriginating MLS: Ithaca Board of Realtors
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Gas, Baseboard, Steam
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, See Remarks, Water Heater, Washer
    Features
    • Separate/Formal Living Room, Other, See Remarks, Natural Woodwork
    • Flooring: Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
    • Basement: Full,Sump Pump
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,715
    • Total interior livable area: 2,715 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage
    • Garage spaces: 3
    Features
    • Patio & porch: Open, Porch, Screened
    • Exterior features: Blacktop Driveway, Porch, Private Yard, See Remarks
    Lot
    • Size: 10,262.74 Square Feet
    • Dimensions: 68 x 150
    • Features: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 91.54
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding, Copper Plumbing, PEX Plumbing
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1890

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $147/sqft
    • Tax assessed value: $435,000
    • Annual tax amount: $16,121
    • Date on market: 4/11/2025
    • Listing terms: Cash,Conventional,Other,See Remarks
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