417 N Aurora St Ithaca, NY 14850

Welcome to 417 N. Aurora Street, ideally located in the heart of downtown Ithaca. This well-maintained multi-unit property offers a rare opportunity to enjoy true walkable city living while generating income. Just steps from the Ithaca Commons, Cornell University, restaurants, shops, and cultural attractions, the location is truly unbeatable. The owner’s unit is bright, spacious, and inviting, with a layout that lives like a private residence. The living room is cozy, featuring a central fireplace with mantel, high ceilings, and a comfortable flow for everyday living or entertaining. The generously sized kitchen offers ample cabinetry and counter space, making it both functional and welcoming. Two well-proportioned bedrooms provide good closet space, and the full bath is clean and updated. Throughout the unit, large windows, neutral finishes, and thoughtful room sizes create an easy, move-in-ready feel. In addition to the owner’s unit, the property includes three additional apartments that are currently rented, providing consistent income and strong tenant demand due to the prime downtown location. The rental units feature practical layouts, good natural light, and functional kitchens and baths. At the rear of the property is a private office space, last used as a legal office, complete with a full bath, private entrance, and dedicated parking—offering excellent flexibility for professional use or potential additional income. This space could also easily rejoin the owners unit. This property is ideal for an owner-occupant looking to offset expenses or for an investor seeking a solid downtown asset with reliable cash flow. A rare combination of location, livability, and income in one of Ithaca’s most desirable neighborhoods. Don’t miss the sister property at 415 N. Aurora Street, also being offered (MLS# R1658265) is a separate single-family residence that is currently leased through June 30, 2026.