408-12 Hillview PL, Ithaca, NY 14850
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408-12 Hillview PL, Ithaca, NY 14850
408-12 Hillview PL, Ithaca, NY 14850
408-12 Hillview PL, Ithaca, NY 14850
408-12 Hillview PL, Ithaca, NY 14850
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408-12 Hillview PL Ithaca, NY 14850

13 Beds

5 Baths

5,954 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,954 sqft

Price per Sqft $226

MLS Listing ID R1650340

Bedrooms 13

Full Baths 5

Construction Status Existing

HOA Y/N No

Year Built 1980

Annual Tax Amount $25,654

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 127X150

Property Sub-Type Multi Family

Property Description

Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms.

The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market.

Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York's most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property's multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York's most reliable rental markets.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction South Aurora Street to right on Hillview Place

Rooms

Basement Full, None, Sump Pump

Interior

Interior Features Ceiling Fan(s), Other, See Remarks, Storage, Natural Woodwork, Bedroom on Main Level

Heating Electric, Gas, Baseboard, Forced Air

Flooring Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl

Fireplace No

Window Features Storm Window(s)

Appliance Gas Water Heater

Laundry Common Area

Exterior

Garage Spaces 5.0

Utilities Available Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Architectural,Shingle

Handicap Access Accessible Bedroom, Low Threshold Shower, No Stairs, Accessible Doors, Accessible Entrance

Porch Covered, Porch

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Block, Poured

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Blown-In Insulation,Block,Frame,Other,Concrete,Stucco,Wood Siding

Construction Status Existing

Schools

Elementary Schools South Hill

Middle Schools Boynton Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 92.-6-6

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://unbranded.youriguide.com/412_hillview_pl_ithaca_ny/


Listed by Berkshire Hathaway HomeServices Heritage Realty 607-428-0708

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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408-12 Hillview PL