419 Albany Street

About this home

Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, ½ mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and $1900/month (a bit under market). Strong opportunity for future income. Tenants are friendly, reliable, and responsible, allowing a smooth transition for the next owner. Directly across from a beautiful 3-acre city park complete with a public pool and basketball courts. An elementary school and community center are 1 block away, adding to the neighborhood’s appeal. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex is a fantastic opportunity. Owner in the process of getting transferable C of C. Don't miss the virtual tour!

Interior features

• Ceiling Fans
• Den
• Entrance Foyer
• Separate Formal Living Room
• Home Office
• Living Dining Room
• Second Kitchen
• Bedroom On Main Level
• Main Level Primary

Exterior features

• Gravel Driveway

Appliances

• Dryer
• Exhaust Fan
• Electric Oven
• Electric Range
• Gas Water Heater
• Refrigerator
• Range Hood
• Washer

Mechanical

Schools

Tax & finance

Location

Ithaca, NY 14850 · Tompkins County

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