$450,000

116 Sapsucker Woods Rd Ithaca, NY 14850

Northeast Ithaca Neighborhood

Estimated payment $2,943/month

Total Views 99
6 Beds
6 Baths
3,078 Sq Ft
$146 Price per Sq Ft

About This Home

Multi-Family Investment Near Cornell & Sapsucker Woods

Don't miss this fully rented, well-maintained multi-family property just minutes from Cornell University and the renowned Sapsucker Woods bird sanctuary. Offering strong cash flow and long-term potential, this opportunity features four desirable units:

Two 2-bedroom, 1.5-bath apartments

Two 1-bedroom, 1-bath apartments

Each unit is equipped with in-building washer/dryer, dishwasher, and ample parking. Large back and side yard with plenty of room for picnics and play.

Fully rented with a great rental history.

Located close to scenic trails, world-class birdwatching, and all that Ithaca has to offer, this is a smart investment in a sought-after area with built-in stability and future upside.

Highlights:

4 units (2x 2BR/1.5BA, 2x 1BR/1BA)

Strong rental history & long-term tenants

Minutes to Cornell University & Sapsucker Woods

A rare opportunity to own a low-maintenance, income-generating property in a prime Ithaca location.erty in a prime Ithaca location.

Listing Agent

Hallie Magden

Howard Hanna S Tier Inc Brokerage Phone: 607-227-2139 License #30MA0946188 Listed on: 07/17/2025

Howard Hanna S Tier Inc

Map

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.4017
  • Lot Size: 100X175
  • Road Frontage Type: City Street
  • Directions: Hanshaw Road left onto Sapsucker Woods Road house on left.
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1975
  • Attribution Contact: 607-227-2139
  • Special Features: None
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Grounds Care, Heat, Hot Water, Snow Removal, Water
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Varies, Vinyl
  • Living Area: 3078.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Block
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Heat, Hot Water, Snow Removal, Water

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 17500.0
  • Parcel #: 503089-070-000-0010-003-014-0000
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 63000.0
  • Property Net Operating Income: 43867.0
  • Annual Operating Expense: 9053.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 10080.0
  • Tax Lot: 3

Range of Values:

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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 Change Sq Ft Price
07/17/2025 07/17/25 For Sale $450,000 +41.1% $146 / Sq Ft
10/18/2016 10/18/16 Sold $319,000 0.0% --
09/18/2016 09/18/16 Pending -- -- --
05/28/2016 05/28/16 For Sale $319,000 -- --
Source: Ithaca Board of REALTORS®

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Source: Ithaca Board of REALTORS®

MLS Number: R1622287

New York Tompkins County Ithaca 14850 Northeast Ithaca

116 Sapsucker Woods Rd, Ithaca, NY

This home is located at 116 Sapsucker Woods Rd, Ithaca, NY 14850 and is currently priced at $450,000, approximately $146 per square foot. This property was built in 1975. 116 Sapsucker Woods Rd is a home located in Tompkins County with nearby schools including Northeast School, DeWitt Middle School, and Ithaca Senior High School.

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Hallie Magden
Listing Agent
Hallie Magden
Section Image
Howard Hanna S Tier Inc
(607) 524-5620