509 South Cayuga Street

Downtown living with income! Just a few blocks to the center of Ithaca and close to restaurants, shopping, parks, Six Mile Creek, bus line and all the conveniences that the City of Ithaca offers. Spacious 4 bedroom main floor with almost 1900 square feet plus two large 1 bedroom apartments. Main unit has spacious rooms, family room, living room, versatile space for dining room, high ceilings and hardwood floors. Covered front porch, stone patio and a large yard. Upstairs offers two well sized and desirable 1 bedroom apartments. Fully rented. Location appeals to local, Cornell and Ithaca College rental markets. R-3b zoning. Separate heating and electric meters for each unit. Common laundry area. Full walk up attic can provide many options for additional use. Currently a 3 unit income producing rental property but could also be owner occupied with 2 rental units. Owner Financing is available to qualified buyers. Well maintained with updates over time and a very convenient location!

 

Features

  • 3 unit property
  • Downtown Ithaca
  • 4 bedroom, 1 bedroom and 1 bedroom units
  • Large rooms
  • Hardwood floors
  • Big lot
  • Many updates
  • Split heat and electric
  • 4 bedroom could be owner occupied space
  • Walk-up attic
  • 3 blocks to Ithaca Commons
  • Near bus center
  • Great rental location for local, Cornell and Ithaca College
  • Covered porch, stone patio, large lawn

Property Details:

  • Address: 509 South Cayuga Street, Ithaca, New York 14850 
  • Price: $425,000 
  • MLS #: 404137 
  • Location: Downtown Ithaca 
  • Bedrooms:
  • Bathrooms:
  • Lot Size: 60 x 150 
  • School District: Ithaca