327 Coddington RoadIthaca Town, NY, 14850

A South Hill Investment Story, Told from the Top of the Hill Some properties ask you to imagine the potential. This one hands it to you, fully realized, on a rolling South Hill lot with Ithaca spread out below like it was arranged just for you. Perched below Ithaca College in the Town of Ithaca this multi-structure compound looks out over the city, the surrounding hills, and a glint of Cayuga Lake in the distance. It's the kind of setting that makes tenants stay and owners smile at closing. Walk into the main house's first floor and the "investment property" feeling falls away. A chef's kitchen anchors the space — warm maple cabinetry, dark granite counters, a detached center island built for both meal prep and morning coffee. Just off the kitchen, a wood-trimmed sunroom catches the light and begs to become a plant room, a reading nook, or a work-from-home escape with a view. The living room does the heavy lifting on character: a textured, detailed ceiling overhead and a red brick wood-burning fireplace that turns a cold Ithaca winter into an asset. And when the weather turns, the oversized covered patio out back — shaded, carpeted, and quietly grand — becomes your front-row seat to the changing seasons over the valley. The property includes three units within the main house and down a private concrete path, is the detached bungalow living a life of its own — two stories, a walkout basement, and an elevated deck made for grilling season. Sold as-is, with inspections and radon tests already completed on both structures and available for review — the legwork is done. Two units are leased through July 2027, so your income starts on day one. Investment opportunities with four rental units, two separate dwellings, panoramic Ithaca views, and a premier South Hill location are exceptionally rare. This isn't a maybe. It's a compound already earning its keep with rents that include heat, water/sewer, and trash, a tenant perk that keeps units filled and turnover low.