119 Linden AvenueIthaca City, NY, 14850

Collegetown investment property in excellent condition with extensive updates throughout and fully rented for the 2026-2027 school year. Located just three blocks from the center of Collegetown and four blocks from campus, this property offers a prime rental location with strong tenant appeal. Tenants pay all utilities including electric, gas, internet, and water, while the landlord covers snow removal and low-maintenance lawn care. The home features three bedrooms and two full baths across two levels plus a basement, along with off-street parking, a large loose stone patio that can accommodate additional parking, and a one-car garage for storage or vehicle use. The layout includes formal living and dining rooms, one bedroom and one full bath on the main level, and two bedrooms with a second full bath upstairs. Natural woodwork and hardwood floors add charm and character throughout both levels. Major updates include heating, central air, windows, flooring, a renovated kitchen with granite counters, quality full-size cabinetry, ceramic tile floors, subway tile backsplash, and stainless steel appliances, along with fully renovated bathrooms and lower-level laundry. A strong rental option for tenants seeking the privacy of a standalone home with modern finishes and amenities rather than an apartment building lifestyle. Zoned Collegetown District CR-1, this property is well suited for a first-time investor, an experienced investor seeking a solid Collegetown asset, or a parent planning for off-campus housing beginning with the 2027-2028 school year.