308 Fairmount Avenue Ithaca City, NY 14850
Listing by: NYS ALLIANCE / Listed By: Kathleen "Kat" Markowski, Warren Real Estate - Contact:  607-342-0778

  308 Fairmount Avenue Ithaca City, NY 14850

Active (178 Days)
$950,000 (USD)
10
BED
2,358
SQFT

Description

SUPER Great Investment with an approximate 8% CAP RATE RETURN in this sought-after upper Collegetown location with a flat walking distance to Cornell and just seconds from the high-energy Collegetown hub. These 7 units are in the ideal graduate student location offering a short, flat walk to the main entrance of CORNELL. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin laundry is on site. A select few off-street parking spots.

MLS #:
R1725376
Taxes
$22,550
Type
Multifamily
Year Built
1925
School District
Ithaca
County
Tompkins County

Listed By

Kathleen "Kat" Markowski, Warren Real Estate, Contact: 607-342-0778
Source
NYS ALLIANCE
Last checked Nov 3 2026 at 4:20 AM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
  • Refrigerator
  • Gas Oven
  • Gas Range
  • Ceiling Fan(s)
  • Laundry: Common Area
  • Laundry: Coin Operated
Lot Information
  • Rectangular
  • Near Public Transit
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Baseboard
  • Hot Water
Basement Information
  • Partially Finished
  • Exterior Entry
  • Walk Out Access
  • Walk Up Access
Flooring
  • Varies
  • Vinyl
  • Hardwood
  • Tile
Exterior Features
  • Roof: Asphalt
  • Roof: Slate
  • Roof: Tile
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected, High Speed Internet Available
  • Sewer: Connected
School Information
  • Elementary School: Belle Sherman
  • High School: Ithaca Senior High
Parking
  • No Garage
  • Two Spaces
Stories
  • 2
Living Area
  • 2,358 sqft
Additional Information: Ithaca Village Office | 607-342-0778

Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2026 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/2/26 20:20