Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
Active
$1,100,000
133 Linden Ave, Ithaca, NY 14850
2beds
0baths
2,510sqft
Multi Family, Single Family Residence
Built in 1975
-- sqft lot
$-- Zestimate®
$438/sqft
$-- HOA
What's special
- 222 days
- on Zillow |
- 121 |
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