502 Tioga Street

About this home

Welcome to 502 North Tioga Street, a stately seven-unit Victorian with a commanding corner presence in the heart of downtown Ithaca. Built in 1907, this distinctive property brings together enduring architectural beauty, strong rental performance and an exceptional location within walking distance of the Ithaca Commons, Cornell University, restaurants, shops and neighborhood conveniences. A gracious wraparound porch sets the tone, framed by mature landscaping and the home's signature Victorian rooflines and bay windows. Inside, original craftsmanship takes center stage. Rich hardwood floors, intricate millwork, stained-glass accents, substantial moldings, beautifully detailed staircases and classic fireplace surrounds speak to the character of an earlier era, while tall windows bring warmth and brightness throughout the interiors. The property includes one two-bedroom apartment and six one-bedroom apartments, each with its own character and layout. An especially impressive main-level apartment stands apart with its generous proportions, elegant woodwork and inviting living spaces. It offers the future possibility of a beautiful owner's residence, while the six additional apartments provide income to help offset the cost of ownership. Fully leased with strong rental income, the property also benefits from two newer hot-water boilers, updated electrical service, multiple electric meters, coin-operated laundry and off-street parking. Whether maintained as a fully leased investment or considered for future owner occupancy, 502 North Tioga Street presents a rare opportunity to own an architecturally distinctive income property in one of Ithaca's most walkable and desirable downtown locations.

Interior features

• Natural Woodwork

Exterior features

• Gravel Driveway

Appliances

• Dryer
• Dishwasher
• Electric Cooktop
• Free Standing Range
• Gas Cooktop
• Gas Water Heater
• Oven
• Refrigerator
• Washer

Mechanical

Schools

Tax & finance

Location

Ithaca, NY 14850 · Tompkins County

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