Solid 4-unit investment rental with excellent rental history just outside the City of Ithaca. Fully leased through July 2025 with $66,000 gross income. Less than 1% vacancy over the past 24 years! Well maintained overall with newer windows, several units with updated kitchens, hardwood flooring in 3 of 4 units, LVT flooring in 1 unit. Some natural woodwork; 1 unit with exposed brick in kitchen; 1 unit with covered porch for entry/access. 3-car covered garage parking spaces and 4th garage space under house (full basement has potential for laundry hookups). Driveway is circular with ample off-street parking. Walk up attic for dry storage. Vinyl siding adds to low maintenance capital costs. Close to downtown Ithaca, Ithaca College and Cornell University. Rents include heat & electric, hot water, lawn mowing, snow removal. Tenants pay for their own garbage removal, laundry, cable/internet. Showings allowed with 24 hour notice as per NYS Rental Laws. Invest in Ithaca!
Closed
$530,000
908 Danby Rd, Ithaca, NY 14850
4beds
2,915sqft
Quadruplex, Multi Family
Built in 1975
-- sqft lot
$562,000 Zestimate®
$182/sqft
$2,383 Estimated rent
Home value
$562,000
Estimated sales range
Not available
$2,383/mo
Zestimate® history
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Zillow last checked: 8 hours ago
Listing updated: October 31, 2024 at 07:06am
Listed by:
Christine Delvecchio 607-227-3016,
Warren Real Estate of Ithaca Inc.
Bought with:
Robert William Armstrong, 10401341961
PPM Homes LLC
Source: NYSAMLSs,MLS#: R1553707
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Hot Water, Steam
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Varies, Vinyl
- Windows: Thermal Windows
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,915
- Total interior livable area: 2,915 sqft
Property
Parking
- Total spaces: 3
- Parking features: Common, Paved, Parking Available, Two or More Spaces, Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.44 Acres
- Dimensions: 100 x 190
- Features: Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 50308904000000030060000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Vinyl Siding, Copper Plumbing, PEX Plumbing
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2024 | Sold | $530,000-3.6%$182/sqft |
Source:  NYSAMLSs #R1553707 Report a problem | ||
| 10/17/2024 | Pending sale | $550,000$189/sqft |
Source:  ITMLS #R1553707 Report a problem | ||
| 9/24/2024 | Contingent | $550,000$189/sqft |
Source: ITMLS #R1553707 Report a problem | ||
| 8/31/2024 | Price change | $550,000-2.7%$189/sqft |
Source: ITMLS #R1553707 Report a problem | ||
| 7/23/2024 | Listed for sale | $565,000+353.8%$194/sqft |
Source: ITMLS #R1553707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $320,000 +33.3% |
| 2023 | -- | $240,000 |
| 2022 | -- | $240,000 +4.3% |
Find assessor info on the county website
Neighborhood: South Hill
Nearby schools
GreatSchools rating
- 8/10South Hill SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: South Hill
- Middle: Boynton Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Ithaca
- 14850
- South Hill
- 908 Danby Rd