Est. Monthly
$5,451/mo
129 Linden Avenue, Ithaca City, NY
Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
Est. Monthly Payment
$5,450.97
Private Mortgage Insurance
Not required
Property Details
129 Linden Avenue
Ithaca City, NY 14850 • Tompkins- Annual Tax Amount$20,860
- Listed for saleDec 19, 2025 • NYSAMLS • R1654542$1,150,000
Private Mortgage Insurance
- SourceNYSAMLS
- MLS#R1654542
- Listing OfficeHoward Hanna S Tier Inc
- Last Updated133 days ago
Appliances
- Appliances
- Dryer
- Dishwasher
- Electric Oven
- Electric Range
- Gas Water Heater
- Refrigerator
- Washer
Climate & Systems
- Heating
- Gas
- Forced Air
Interior Features
- Flooring
- Hardwood
- Luxury Vinyl
- Varies
- BasementWalk Out Access
Parking
- Parking Features
- Three Or More Spaces
- No Garage
Lot & Grounds
- Lot Size0.116 acres
- Lot Features
- Near Public Transit
- Rectangular
- Rectangular Lot
- Patio & PorchDeck
- Exterior Features
- Blacktop Driveway
- Deck
- Gravel Driveway
Type
- Property TypeMulti Family
- Property SubtypeRooming House
Structure
- ConstructionComposite Siding
- Roof
- Asphalt
- Shingle
Condition
- Year Built1980
- ConditionResale
- Days on Market146 days
- WaterConnected
- SewerConnected
- Utilities
- Sewer Connected
- Water Connected
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