208 1st St, Ithaca, NY 14850

Discover the perfect blend of investment opportunity and future flexibility with this front-back duplex located in the heart of Ithaca’s beloved Fall Creek neighborhood. Whether you are looking to generate rental income or convert this renovated home into a single-family residence, this property offers endless possibilities. Featuring 3 bedrooms and 2 bathrooms across the two units, this move-in ready home boasts abundant natural light and large closets. Each unit has recently updated kitchens, renovated bathrooms, a newer roof (2020) and energy efficient windows. The back unit is a one bedroom with a loft; the loft offers storage or more living space. The living space and bedroom overlook a patio and inviting backyard with lovely gardens and fence around the perimeter. The front unit has two bedrooms upstairs and a front porch, and both units access the full basement. Ample parking is available in the driveway and street parking is also available. Live in one half and rent out the other to help pay the mortgage. The front tenants are interested in staying, either in front or back. Weekend showings by appointment Mar 1-2 and 8-9. Bids due Mon Mar 10 by 3pm. Inspection report available by request after showing. Enjoy the convenience of being just minutes from public transportation, Ithaca’s ever changing food scene, waterfront, and parks, all while having the privacy of a residential retreat. Don’t miss this chance to own a versatile downtown property.