525 W Green ST, Ithaca, NY 14850
525 W Green ST, Ithaca, NY 14850
525 W Green ST, Ithaca, NY 14850
525 W Green ST, Ithaca, NY 14850
525 W Green ST, Ithaca, NY 14850
525 W Green ST, Ithaca, NY 14850
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$ 549,000
Est. payment | /mo

8 Beds

4 Baths

4,210 SqFt


Save
$ 549,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,210 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,210 sqft

Price per Sqft $130

MLS Listing ID R1662383

Style Fourplex

Bedrooms 8

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1975

Annual Tax Amount $15,379

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 38X204

Property Sub-Type Multi Family

Property Description

Great income generator with annual revenue of $66,000! Ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable.
Numerous updates enhance both value and appeal, including a new metal roof, new flooring, fresh interior paint, and more (see full list of improvements). Each unit features generously sized bedroom(s), functional kitchen, and inviting living spaces designed for comfortable everyday living.
With separate gas and electric utilities, updated mechanicals, and solid construction, this property offers efficiency and ease of management. Additional amenities include parking space for 3-4 vehicles, a basement laundry area, ample storage space, and a fenced private yard, all highly desirable features for tenants. All four units are currently rented, providing immediate income and strong rental demand in a sought-after location. This property supports long-term stability and tenant retention.
Whether you are expanding your investment portfolio or seeking an owner-occupant opportunity with built-in income, this turnkey multifamily delivers versatility and reliable cash-flow potential, a rare opportunity. Schedule your private showing today!

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction Route 13 to W Green St., House on the right.

Rooms

Basement Exterior Entry, Full, Walk-Up Access, Sump Pump

Interior

Heating Gas, Other, See Remarks, Baseboard

Cooling Other, See Remarks

Flooring Hardwood, Laminate, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Fence, Private Yard, See Remarks

Fence Partial

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

Roof Type Metal

Building

Lot Description Irregular Lot, Near Public Transit, Residential Lot

Story 3

Foundation Block

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Structure Type Aluminum Siding,Stucco

Construction Status Existing

Schools

Elementary Schools Belle Sherman

Middle Schools Dewitt Middle

High Schools Ithaca Senior High

School District Ithaca

Others

Senior Community No

Tax ID 500700-071-000-0007-009-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Howard Hanna S Tier Inc 607-220-6050

NEARBY SCHOOL & BUSINESS

Jason Dugo

+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY, 12477, United States

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525 W Green ST