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Sold for $265,000 on 05/29/25
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  • $265,000

    524 Spencer Rd, Ithaca, NY 14850

    5beds
    3baths
    2,112sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $356,000 Zestimate®
    $125/sqft
    $2,113 Estimated rent

    What's special

    1920s 3 bedroom bungalow style home with two 1 bedroom income producing apartments. Income from the apartments will cover mortgage and taxes. Many updates and on a large city lot just under an acre. Hardwood floors, maple kitchen, brick fireplace and a covered front porch. Huge lawn and a 2-car garage. OR Property would make great rental. Ideal for 1st time investor. Positive cash flow. Lot may be large enough for additional rental.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced air
    Features
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,112 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.69 Acres
    Details
    • Parcel number: 50070012414

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    Condition
    • Year built: 1928

    Community & neighborhood

    Location
    • Region: Ithaca
    Services availability