$450,000
PENDING

116 Sapsucker Woods Rd Ithaca, NY 14850

Estimated payment $3,288/month

Total Views 463
6 Beds
6 Baths
3,078 Sq Ft
$146 Price per Sq Ft

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Trails
  • Northeast School Rated A
  • 2 Car Garage
  • Laundry Facilities

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,080

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x175
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Northeast Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 503089-070-000-0010-003-014-0000

Community Details

Overview

  • Association fees include common area maintenance, gardener, heat, hot water, snow removal, water
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Trails

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $9,053
  • Gross Income $63,000
  • Net Operating Income $43,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,080

Year Built

Built in 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

Map

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
08/14/2025 08/14/25 Pending -- -- --
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

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