Warren Real Estate Listings

$1,950 / mo (USD)
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Ithaca City Area Rental

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Address Not Disclosed Ithaca City, NY 14850

3 Bed
1 Baths
744 sqft
MLS# R1718276
This beautifully renovated home is ready to rent! The home is centrally located On Hector Street in the City of Ithaca with only a 7 minute drive to Downtown Ithaca and 10 minutes to Cornell University and Ithaca College, making this location hard to beat! It’s walkable to downtown and just a 7 minute walk to the black diamond trail to enjoy Ithaca’s natural beauty.

Enter the home and find the cozy living room ahead. In the winter, get snug next to the wood stove and cuddle up on the couch for a good book or movie. Enter the kitchen to find a fabulously updated space with brand new modern appliances, marble countertops, and lots of natural sunlight streaming in. The whole house comes furnished if you’d like! Items can be removed to make room for your own furniture. In-unit laundry on the first floor adds a whole level of extra convenience.

There are 2 bedrooms on the main level, both with window unit A/C, hardwood floors, and an easily accessible renovated bathroom right nearby. Upstairs is a very spacious loft suitable for an additional bedroom, office space, or recreation/play area for kids. The entire upper level of the home is for rent, with a lower level living space occasionally occupied by the owner (which contains its own separate entrance). The apartment is set back and not visible from the road offering privacy and peace and quiet. There is enough parking to fit 3-4 cars. With the large front and backyard, one can easily imagine hosting barbecues with friends and family in the summer or having space for the dog to run around. Up to two pets allowed! There are some size requirements and owner is to approve all pets. Make an appointment to come see it, and this home could soon be your new place to rent!
Listing by: NYS ALLIANCE / Listed By: Corey Adelman, Warren Real Estate
$845,000 (USD)
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Ithaca City Area Multi-Family Home

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315 S Albany Street Ithaca City, NY 14850

4 Bed
0 Baths
5606 sqft
MLS# R1718256
Handsome downtown City of Ithaca investment property offering seven fully leased apartments with leases in place into 2027, providing an established income stream in a highly convenient location near parks, schools, shopping, dining, the TCAT bus line and city center. This well-maintained 19th-century building was once the home of a prominent Ithacan with deep ties to the community and retains an appealing blend of historic character and functionality. Rich woodwork, ornate detailing, stained glass, built-ins, a marble fireplace, high ceilings, hardwood floors and a distinctive Victorian-style staircase add character to select units and common areas while creating the appeal of a classic Ithaca apartment building. The seven-unit mix includes three studios, three one-bedroom apartments and one two-bedroom apartment, offering a diverse tenant mix with smaller units that can provide attractive rent-per-square-foot potential and access to a broad rental pool. Most tenants are established, contributing to stable occupancy and a solid rental history, with current gross rents totaling $92,760 annually. Units have been selectively updated over time as they became available, creating an opportunity for a new owner to continue improvements and capture potential future rental growth. A full walk-up attic provides valuable storage, while the full walkout basement offers additional utility and storage space. Off-street parking for multiple vehicles is an added benefit in this downtown setting. A well-cared-for investment property combining established rental income, a desirable unit mix, strong location and opportunities for continued value enhancement.
Listing by: NYS ALLIANCE / Listed By: Steve Saggese, Warren Real Estate