




505 Dryden Rd, Ithaca, NY, 14850
11beds
3baths
4,318sqft
$1,000,000
$232price/sqft
$7,828/moest. monthly cost
$313,120/yrincome needed
About This Home
Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces. Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.
Getting Around
78
0
62
Schools
4/10
8/10
9/10
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Asphalt
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Features
- Natural Woodwork
- Flooring: Hardwood,Laminate,Varies,Vinyl
Heating & Cooling
- Heating features: Gas,Zoned,Baseboard,Hot Water
- Cooling features: Zoned
Interior Area
- Total structure area: 4,318
- Total interior livable area: 4,318 sqft
Property
Details
- Parcel number: 50070006400000060030000000
- Zoning description: Residential Multi Use
- Special condition: Standard
Features
- Stories: 4
Lot
- Lot size: 871.20 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 80 x 90
Parking
- Parking features: Other,See Remarks,Two or More Spaces
