$1,150,000

129 Linden Ave Ithaca, NY 14850

Bryant Park and Belle Sherman Neighborhood

Estimated payment $7,812/month

Total Views 36,257
17 Beds
-- Bath
2,402 Sq Ft
$479 Price per Sq Ft

Highlights

  • Deck
  • Property is near public transit
  • Forced Air Heating System
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Rectangular Lot

About This Home

Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

Listing Agent

Kyle Steele

Howard Hanna S Tier Inc Brokerage Phone: 607-342-2148 License #10301200763 Listed on: 01/06/2025

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,860

Year Built

  • Built in 1980

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 54x94
  • Rectangular Lot

Home Design

  • Rooming House
  • Shingle Roof
  • Asphalt Roof
  • Siding

Interior Spaces

  • 17 Bedrooms
  • 2,402 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • No Garage
  • Gravel Driveway

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 500700-067-000-0003-024-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,860

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.116
  • Lot Size: 54X94
  • Directions: Linden Ave runs between College Ave and Delaware Ave.
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1980
  • Attribution Contact: 607-342-2148
  • Special Features: None
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 17
  • Fireplace: No
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Living Area: 2402.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Blacktop Driveway, Deck, Gravel Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel #: 500700-067-000-0003-024-000-0000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 20860.0
  • Tax Lot: 94

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
01/06/2025 01/06/25 For Sale $1,150,000 -- $479 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1583611

New York Tompkins County Ithaca 14850 Bryant Park and Belle Sherman

129 Linden Ave, Ithaca, NY

This home is located at 129 Linden Ave, Ithaca, NY 14850 and is currently priced at $1,150,000, approximately $478 per square foot. This property was built in 1980. 129 Linden Ave is a home located in Tompkins County with nearby schools including Belle Sherman School, DeWitt Middle School, and Ithaca Senior High School.

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Kyle Steele
Listing Agent
Kyle Steele
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Howard Hanna S Tier Inc
(607) 703-3882