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About This Home
This 11-bedroom, 3-bathroom residential multi family at 505 Dryden Road in Ithaca, NY is listed for $1,000,000 ($232 per sqft). Built in 1900, the home offers 4,318 sqft of living space on a 0.02 acres lot.
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.
Key Features
- Built in 1900
- 0.02 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
505 Dryden Road
Ithaca, NY 14850
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 11-bedroom, 3-bathroom residential multi family at 505 Dryden Road is listed at $1,000,000 ($232/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.02 acre lot, 4 stories. Interior Features: NaturalWoodwork.
This property is listed by David Wahl and can be reached at 6072273132 or davewahlny@gmail.com.