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Karin Morabito

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

$ 975,000

Est. payment | -/mo

14 Beds

5 Baths

4,507 SqFt

Save

$ 975,000

Est. payment | -/mo

Save

14 Beds

5 Baths

4,507 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,507 sqft

Price per Sqft $216

MLS Listing ID R1706828

Style Other,See Remarks

Bedrooms 14

Full Baths 5

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $20,925

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 50X60

Property Sub-Type Multi Family

Property Description

Introducing an exceptional opportunity at 306 Stewart Avenue, this spacious multi-family property in Ithaca is perfectly positioned for investors looking for reliable rental returns, impressive long-term growth addition to your portfolio. With nearly 4000 sq ft of well-planned living space, this property distinguishes itself not only by size, but by its capacity to generate steady income in a vibrant in-demand neighborhood. Featuring 14 bedrooms and 5 bathrooms, the property is designed to suit a variety of living needs, increasing its appeal and leasing options. Each unit provides privacy, while the generous shared spaces foster a welcoming environment ideal for encouraging tenant satisfaction and reducing turnover. Multiple modern kitchens and durable flooring ensure straightforward management and help keep bright and comfortable spaces, especially in a university-oriented rental market. Nestled on Stewart Avenue, the property is just moments from Cornell University.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Direction State Street to Stewart Ave, 2 blocks up on the left, gray building

Rooms

Basement Partially Finished

Interior

Heating Gas, Baseboard, Hot Water

Flooring Hardwood, Laminate, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Patio

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Architectural,Shingle

Porch Covered, Patio, Porch

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Architectural Style Other, See Remarks

Structure Type Attic/Crawl Hatchway(s) Insulated,Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Belle Sherman

School District Ithaca

Others

Senior Community No

Tax ID 500700-063-000-0010-004-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Warren Real Estate of Ithaca Inc. (Downtown)

NEARBY SCHOOL & BUSINESS

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY 14623, USA

306 Stewart AVE Ithaca, NY 14850