1249 Trumansburg RoadIthaca Town, NY, 14850

Solid construction, long-lasting improvements, and a strong rental history make this 7-unit apartment building an excellent investment opportunity. The stone building features a slate roof and quality improvements designed for long-term durability, helping limit future capital expenses. An attractive option for both investors and owner-occupants, the property includes a large apartment with its own private entrance and patio, offering the opportunity to live on-site while generating rental income from the remaining units. Located just 0.5 miles from the local hospital and 2 miles from downtown Ithaca, the property benefits from convenient access to major employment centers, services, and amenities. Off-street parking, coin-operated laundry, and basement storage lockers add convenience and additional revenue potential. With an established rental history, a desirable location, and room to increase income, this property offers a solid foundation with upside potential.