217 Snyder Hill Rd Ithaca, NY 14850
Estimated payment $3,296/month
Highlights
- Deck
- Brick or Stone Mason
- Baseboard Heating
- DeWitt Middle School Rated A-
- Patio
- 1 Car Garage
About This Home
Exceptional turn-key duplex investment with a proven rental track record and multiple income strategies already in place. This fully renovated and professionally maintained property has been successfully operated using a blend of academic-year leasing and summer short-term rental demand, offering investors a rare ready-to-perform asset in one of Ithaca’s strongest rental corridors. The upper 3-bedroom residence features a remodeled open-concept layout, updated kitchen and bath, new Pergo flooring, and a private deck—ideal for long-term or executive-style rentals. The lower 3-bedroom unit includes a remodeled bathroom and direct access to a private patio. Both units are equipped with in-unit washer/dryer, dishwashers, all new windows, and energy-efficient upgrades through Snug Planet, ensuring comfort, efficiency, and long-term durability. A new, curated furnishing package is included in the sale, allowing the next owner to step into a fully furnished, income-ready property from day one. Additional amenities include covered carport parking plus driveway parking, low-maintenance improvements, and a layout that supports seamless operation across both long-term and short-term rental models. Located minutes from Cornell University, Ithaca College, and Downtown Ithaca, this property also offers excellent owner-occupant flexibility, providing the option to live in one unit while the other continues to generate income. Detailed income history, operating structure, and furnishings list available upon request.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #10401371167 Listed on: 01/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,736
Year Built
- Built in 1970
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x150
- Irregular Lot
Parking
- 1 Car Garage
- Carport
- On-Street Parking
Home Design
- Duplex
- Mixed Use
- Brick or Stone Mason
- Asphalt Roof
- Siding
Interior Spaces
- 2,288 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Patio
Schools
- Caroline Elementary School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 503089-057-000-0001-008-065-0000
Community Details
Overview
- Association fees include all utilities
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- Gross Income $65,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,837 | $336,000 | $45,400 | $290,600 |
| 2023 | $9,632 | $336,000 | $45,400 | $290,600 |
| 2022 | $9,157 | $305,000 | $45,400 | $259,600 |
| 2021 | $8,736 | $280,000 | $45,400 | $234,600 |
| 2020 | $8,460 | $280,000 | $45,400 | $234,600 |
| 2019 | $3,815 | $260,000 | $45,400 | $214,600 |
| 2018 | $8,258 | $260,000 | $45,400 | $214,600 |
| 2017 | $8,385 | $260,000 | $45,400 | $214,600 |
| 2016 | $5,953 | $180,000 | $45,400 | $134,600 |
| 2015 | -- | $180,000 | $45,400 | $134,600 |
| 2014 | -- | $180,000 | $45,400 | $134,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/27/2026 01/27/26 | For Sale | $499,900 | +20.5% | $218 / Sq Ft | |
| 06/06/2024 06/06/24 | Sold | $415,000 | 0.0% | $179 / Sq Ft | View Prior Sale |
| 06/05/2024 06/05/24 | Sold | $415,000 | -2.4% | $179 / Sq Ft | View Prior Sale |
| 03/07/2024 03/07/24 | For Sale | $425,000 | 0.0% | $183 / Sq Ft | |
| 03/07/2024 03/07/24 | For Sale | $425,000 | +51.5% | $183 / Sq Ft | |
| 05/25/2017 05/25/17 | Sold | $280,475 | +4.1% | $123 / Sq Ft | View Prior Sale |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- | |
| 02/21/2017 02/21/17 | For Sale | $269,500 | +3.7% | $118 / Sq Ft | |
| 07/06/2015 07/06/15 | Sold | $260,000 | 0.0% | $114 / Sq Ft | View Prior Sale |
| 06/06/2015 06/06/15 | Pending | -- | -- | -- | |
| 04/25/2015 04/25/15 | For Sale | $259,900 | -- | $114 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $415,000 | None Available | |
| Deed | $280,475 | Albanese Jonathan O. | |
| Deed | $280,475 | Albanese Jonathan O. | |
| Deed | $260,000 | Virginia A Tesi | |
| Deed | $260,000 | Virginia A Tesi | |
| Deed | $180,000 | Stephen Bowman | |
| Deed | $180,000 | Stephen Bowman | |
| Deed | $153,000 | Ralph Nash | |
| Deed | $153,000 | Ralph Nash |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $106,000 | Unknown | |
| Previous Owner | $144,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1659948
APN: 503089-057-000-0001-008-065-0000
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Ask me questions while you tour the home.