NOT LISTED FOR SALE

1065 Dryden Rd Ithaca, NY 14850

Varna Neighborhood
-- Bed
-- Bath
4,968 Sq Ft
4.57 Acres

Last Sold August 25, 2022

Last sale price $850,000 $171 Per Sq Ft

110 Days on Market

Highlights

  • 4.57 Acre Lot
  • Humidifier
  • 2 Car Garage
  • DeWitt Middle School Rated A-
  • Baseboard Heating

About This Home

As of August 2022

Incredible investment opportunity awaits the right buyer. Current building has been well maintained and features two 3 bedroom and two 2 bedroom units- all with full basements. With a total of 4.57 acres, this property could be expanded upon significantly. The hamlet of Varna features all municipal services with water, sewer and natural gas and sits just 2 miles from Cornell University. This property consistently has a line of tenants waiting for units to open up. Each one is spacious with open kitchens, large bedrooms, private decks and a large back yard surrounded by woods. Large garage/barn is the perfect place to store tools and equipment. With ample parking for all this building offers a unique mix of an income producing asset and highly sought after land that is prime for development. New roof, windows, decks, gutters & downspouts and exterior paint in 2021!

Last Agent to Sell the Property

Kyle Steele

Howard Hanna S Tier Inc Brokerage Email: kyle.steele@me.com License #10301200763 Listed on: 04/07/2022

Howard Hanna S Tier Inc

Last Buyer's Agent

Emily Doyle

Warren Real Estate of Ithaca Inc. (Downtown) License #10401250591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,592

Year Built

  • Built in 1990

Lot Details

  • 4.57 Acre Lot

Home Design

  • 4,968 Sq Ft Home
  • Poured Concrete
  • Frame Construction
  • Metal Roof

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Schools

  • Caroline Elementary School

Utilities

  • Humidifier
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 55.-1-15.2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,592

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 4.57
  • Directions: 366 past Fox bridge. Driveway will be on your right.
  • Garage Yn: Yes
  • Year Built: 1990
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kyle.steele@me.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer, Humidifier
  • Has Basement: Crawl Space, Full
  • Basement YN: Yes
  • Living Area: 4968.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Poured
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 199069.0
  • Parcel #: 55.-1-15.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 11592.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $850,000 -8.1% $171 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $925,000 -- $186 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kyle Steele

    Seller's Agent in 2022

    Kyle Steele

    Howard Hanna S Tier Inc

    (607) 342-2148

    2 in this area

    91 Total Sales

    Kyle Steele
    Section Image
  • Emily Doyle

    Buyer's Agent in 2022

    Emily Doyle

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 592-3658

    2 in this area

    90 Total Sales

    Emily Doyle
    Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406351

New York Tompkins County Ithaca 14850 Varna

1065 Dryden Rd, Ithaca, NY

Not Listed for Sale

MultiFamily

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