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133 Linden Ave, Ithaca, NY, 14850

2beds
0baths
2,510sqft
$1,100,000
$438price/sqft
$8,241/moest. monthly cost
$329,640/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

4/10
Belle Sherman SchoolGrades PK-50.3 mi
8/10
Boynton Middle SchoolGrades 6-81.7 mi
9/10
Ithaca Senior High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Composite Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator

Basement

  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 2

Features

  • Flooring: Laminate,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 2,510
  • Total interior livable area: 2,510 sqft

Property

Details

  • Parcel number: 50070006700000030250000000
  • Special condition: Standard

Features

  • Stories: 3
  • Exterior features: Gravel Driveway

Lot

  • Lot size: 4,713 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 49 x 96

Parking

  • Parking features: Three or more Spaces,No Garage