505 Dryden Road Ithaca City, NY 14850
Listing by: NYS ALLIANCE / Warren Real Estate / David Wahl - Contact:  607-227-3132

  505 Dryden Road Ithaca City, NY 14850

Active (424 Days)
$1,000,000 (USD)
11
BED
3
BATH
4,318
SQFT

Description

Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces.
Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.

MLS #:
R1670708
Taxes
$23,836
Lot Size
871 SQFT
Type
Multifamily
Year Built
1900
Style
Triplex
School District
Ithaca
County
Tompkins County

Listed By

David Wahl, Warren Real Estate, Contact: 607-227-3132
Source
NYS ALLIANCE
Last checked Apr 3 2026 at 8:41 PM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
  • Natural Woodwork
Lot Information
  • Residential Lot
  • Rectangular
  • Near Public Transit
  • Rectangular Lot
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Gas
  • Baseboard
  • Hot Water
  • Zoned
Basement Information
  • Full
  • Partially Finished
Flooring
  • Varies
  • Vinyl
  • Hardwood
  • Laminate
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Cable Available, Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected, High Speed Internet Available
  • Sewer: Connected
School Information
  • Elementary School: Belle Sherman
  • Middle School: Dewitt Middle
  • High School: Ithaca Senior High
Parking
  • Other
  • See Remarks
Stories
  • 4
Living Area
  • 4,318 sqft
Additional Information: Ithaca Downtown Office | 607-227-3132

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*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

Listing price
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Mortgage calculator estimates are provided by Warren Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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 4/3/26 13:41