908 Danby Road Ithaca, NY 14850
Listing by: NYS ALLIANCE / Warren Real Estate / Christine "CJ" DelVecchio - Contact:  607-227-3016

  908 Danby Road Ithaca, NY 14850

Pending (72 Days)
$550,000
4
BED
4
BATH
2,915
SQFT

Description

Solid 4-unit investment rental with excellent rental history just outside the City of Ithaca. Fully leased through July 2025 with $66,000 gross income. Less than 1% vacancy over the past 24 years! Well maintained overall with newer windows, several units with updated kitchens, hardwood flooring in 3 of 4 units, LVT flooring in 1 unit. Some natural woodwork; 1 unit with exposed brick in kitchen; 1 unit with covered porch for entry/access. 3-car covered garage parking spaces and 4th garage space under house (full basement has potential for laundry hookups). Driveway is circular with ample off-street parking. Walk up attic for dry storage. Vinyl siding adds to low maintenance capital costs. Close to downtown Ithaca, Ithaca College and Cornell University. Rents include heat & electric, hot water, lawn mowing, snow removal. Tenants pay for their own garbage removal, laundry, cable/internet. Showings allowed with 24 hour notice as per NYS Rental Laws. Invest in Ithaca!

MLS #:
R1553707
Taxes
$8,470
Lot Size
0.44 acres
Type
Multifamily
Year Built
1975
Style
Fourplex
School District
Ithaca
County
Tompkins County

Listed By

Christine "CJ" DelVecchio, Warren Real Estate, Contact: 607-227-3016
Source
NYS ALLIANCE
Last checked Oct 3 2024 at 3:52 PM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
  • Windows: Thermal Windows
Lot Information
  • Rectangular
  • Near Public Transit
Property Features
  • Fireplace: 0
  • Foundation: Poured
Heating and Cooling
  • Gas
  • Steam
  • Hot Water
Basement Information
  • Full
  • Walk-Out Access
Flooring
  • Carpet
  • Varies
  • Vinyl
  • Hardwood
Exterior Features
  • Roof: Asphalt
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected, High Speed Internet Available
  • Sewer: Connected
  • Energy: Appliances
School Information
  • Elementary School: South Hill
  • Middle School: Boynton Middle
  • High School: Ithaca Senior High
Parking
  • Common
  • Garage
  • Paved
  • Parking Available
Stories
  • 2
Living Area
  • 2,915 sqft
Additional Information: Ithaca Village Office | 607-227-3016

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

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Disclaimer: Copyright 2024 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 10/3/24 08:52