218 Delaware AvenueIthaca City, NY, 14850

Rare Collegetown multifamily investment opportunity. This five-unit property offers more than 5,100 square feet of living space in one of Ithaca’s most sought-after rental markets. Featuring spacious apartments, attractive interior finishes, and off-street parking, the property offers a compelling blend of character and functionality. Each unit provides a unique layout and appeal, distinguishing it from more standardized rental properties. The interior has been well maintained, while exterior cosmetic improvements may provide an opportunity for future value enhancement. Conveniently located near educational institutions, downtown Ithaca, employment centers, shopping, dining, and public transportation, this property is well-positioned for investors seeking to expand or strengthen their portfolio. A second multifamily property on Delaware Avenue is also available, creating a unique opportunity for investors interested in acquiring multiple assets in the same neighborhood. Seller requests no negotiations until June 29 at 10:00 a.m.