908 Danby Road Ithaca Town, NY 14850
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyTompkins
- Taxes$8,470
- HOA/Condo/Coop Fees$0
- Days on Site3 Days
- MLS StatusActive
- MLS ID NumberR1553707
- Home Size Source Plans
- Year Built1975
- Lot Size0.4392 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Style Fourplex
- Construction FrameVinyl Siding
- Parking CommonPavedParking AvailableTwoor More SpacesGarage
- Electric Circuit Breakers
- Basement FullWalk Out Access
- Number of Stories 222
- Acreage 0.4392
- Water Public
- Green Energy Efficient Appliances
- Property Sub Type Multi Family
- Garage Spaces 3
- Utilities Cable AvailableSewer ConnectedWater Connected
- Listing Conditions Standard
Interior Features
- Heating GasHot WaterSteam
- Appliances Gas Water Heater
- Flooring CarpetHardwoodVariesVinyl
- Fireplaces 0
- Window Features Thermal Windows
- Fireplace No
Exterior Features
- Roof AsphaltShingle
- Waterfront Property No
- Lot Near Public TransitRectangular
Community Features
- Township Not Applicable
- Senior Community No
- MLS Area Ithaca-Town-503089