Collegetown investment property in excellent condition with extensive updates throughout and fully rented for the 2026-2027 school year. Located just three blocks from the center of Collegetown and four blocks from campus, this property offers a prime rental location with strong tenant appeal. Tenants pay all utilities including electric, gas, internet, and water, while the landlord covers snow removal and low-maintenance lawn care. The home features three bedrooms and two full baths across two levels plus a basement, along with off-street parking, a large loose stone patio that can accommodate additional parking, and a one-car garage for storage or vehicle use. The layout includes formal living and dining rooms, one bedroom and one full bath on the main level, and two bedrooms with a second full bath upstairs. Natural woodwork and hardwood floors add charm and character throughout both levels. Major updates include heating, central air, windows, flooring, a renovated kitchen with granite counters, quality full-size cabinetry, ceramic tile floors, subway tile backsplash, and stainless steel appliances, along with fully renovated bathrooms and lower-level laundry. A strong rental option for tenants seeking the privacy of a standalone home with modern finishes and amenities rather than an apartment building lifestyle. Zoned Collegetown District CR-1, this property is well suited for a first-time investor, an experienced investor seeking a solid Collegetown asset, or a parent planning for off-campus housing beginning with the 2027-2028 school year.
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Zillow last checked:
Listing updated:
Listed by:
Warren Real Estate of Ithaca Inc. (Downtown)607-257-0666,
Steven Saggese607-280-4350
Source: NYSAMLSs,MLS#: R1679698Originating MLS: Ithaca Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Heating
Gas, Forced Air
Cooling
Central Air
Appliances
Included: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
Laundry: In Basement
Features
Separate/Formal Dining Room, Separate/Formal Living Room, Granite Counters, Partially Furnished, Bedroom on Main Level
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