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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 505 Dryden Road, Ithaca City, NY 14850
ACTIVE
0
$1,000,000

505 Dryden RoadIthaca City, NY, 14850

11 Beds3 Baths4,318 SqFt0.02 Acres
Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces. Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.
1 / 30

Est. Monthly

$4,740/mo

$1,000,000

505 Dryden Road, Ithaca City, NY

11 Beds3 Baths4,318 SqFt0.02 Acres

Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces. Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1900
Days on Market48 days

Est. Monthly Payment

$4,739.97

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

505 Dryden Road

Ithaca City, NY 14850 • Tompkins
11
Beds
3
Baths
4,318
SqFt
0.02
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1900126 years ago
Days on Market
48 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $23,836
Property History
  • Listed for sale
    Apr 3, 2026 • NYSAMLS • R1670708
    $1,000,000
Mortgage Calculator
Estimated monthly payment for this property
$4,739.97
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1670708
  • Listing Office
    Warren Real Estate of Ithaca Inc. (Downtown)
  • Last Updated
    37 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Zoned
    • Baseboard
    • Hot Water

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Varies
    • Vinyl
  • Basement
    • Full
    • Partially Finished
  • Interior Features
    Natural Woodwork

Parking

  • Parking Features
    • Other
    • See Remarks
    • Two Or More Spaces

Lot & Grounds

  • Lot Size
    0.02 acres
  • Lot Features
    • Near Public Transit
    • Rectangular
    • Rectangular Lot
    • Residential Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Triplex

Structure

  • Construction
    Wood Siding
  • Roof
    Asphalt
  • Foundation
    Stone

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Days on Market
    48 days
  • Water
    Connected
  • Sewer
    Connected
  • Electric
    Circuit Breakers
  • Utilities
    • Cable Available
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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