Welcome to the Downtown Ithaca Hideout! This spacious side by side duplex sits on an oversized lot bordering the buttermilk nature trail. Many improvements and very strong rental income. Newly rebuilt front porch with added privacy fence and new retaining wall. Conveniently located on the bus route and close to downtown shopping. Less than 3 miles from Cornell or IC. Solid owner occupy or investment opportunity. Each unit features 4 bedrooms and 1 bathroom with a private yard. Zoned for 3 unrelated each side. Endless opportunities and loads of potential. Currently both sides are being run as short term rentals. In the past 1 side was long term and 1 side short term but has been switched in response to the strength of the short term rental market.
Off market
$353,700
547-545 Spencer Rd, Ithaca, NY 14850
--beds
0baths
2,916sqft
MultiFamily
Built in 1900
-- sqft lot
$353,700 Zestimate®
$121/sqft
$1,953 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Appliances
- Included: Freezer, Refrigerator
Features
- Flooring: Tile, Hardwood, Laminate, Linoleum / Vinyl
- Basement: Crawl Space, Gravel/Stone Floor
Interior area
- Total interior livable area: 2,916 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 0.69 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Water: Municipal-Existing
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Appliances Convey: Refrigerator, Stove-Gas, Freezer
- Extras: CO Detector, Smoke Detector
- Roof: Asphalt, Rolled/Hot Mop
- Property Type: Multi-Unit
- Heat/Cooling: Forced Air, Natural Gas
- Sewer/Septic: Municipal-Existing
- Water Source: Municipal-Existing
- Property Subtype 1: 1-4 Units
- On Site Parking: Other - See Remarks
- Basement: Crawl Space, Gravel/Stone Floor