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Karin Morabito

karin@karinmorabitohomes.com +1(585) 290-6410

$ 351,900

Est. payment | -/mo

6 Beds

5,784 SqFt

Save

$ 351,900

Est. payment | -/mo

Save

6 Beds

5,784 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,784 sqft

Price per Sqft $60

MLS Listing ID R1668020

Bedrooms 6

Construction Status Existing

HOA Y/N No

Year Built 1956

Annual Tax Amount $9,493

Lot Size 2.110 Acres

Acres 2.11

Lot Dimensions 211X525

Property Sub-Type Other

Property Description

Turnkey investment opportunity just 20 minutes outside of Ithaca! This well-maintained income-producing property sits on 2.11 acres and features a two-story building with four apartments plus two single-wide trailers—offering immediate cash flow and room to grow. The main house includes four rental units, each with covered porch space and dedicated parking. The property has been thoughtfully updated and consistently maintained, making it a solid addition to any investment portfolio. A utility room/garage provides convenient storage for maintenance equipment and supplies. Located behind the main building, the two single-wide trailers have also seen updates and are fully rented, adding additional income streams. Currently fully occupied, the property generates over $54,000 annually, with even more potential for increased returns. The expansive rear portion of the lot offers excellent opportunity for future development—consider adding storage units, additional rental units, or other income-producing structures (with appropriate approvals). A rare opportunity to own a multi-unit property with strong existing income and upside potential in a desirable location. Don't miss your chance to invest in growth and cash flow!

Location

State NY

County Tioga

Area Candor-492489

Direction Coming from Candor property is second driveway after Straits Corners Rd. on the left.

Rooms

Basement Crawl Space, Partial

Interior

Heating Electric, Propane, Baseboard, Hot Water

Flooring Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl

Fireplace No

Appliance Electric Cooktop, Electric Water Heater, Propane Water Heater, Refrigerator

Exterior

Exterior Feature Gravel Driveway, Propane Tank - Owned

Community Features None

Utilities Available Electricity Available

Roof Type Metal

Porch Covered, Porch

Building

Lot Description Irregular Lot

Story 2

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Candor Elementary

School District Candor

Others

Senior Community No

Tax ID 70.00-1-12.212

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by RE/MAX In Motion

NEARBY SCHOOL & BUSINESS

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY, 14623, USA

675 & 677 Spencer Rd Candor, NY 13743