525 W Green St, Ithaca, NY 14850

Great income generator with annual revenue of $66,000! Rare positive cash flow opportunity even under high interest rates — with rates decreasing in the future , the potential is even greater. Ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable. Numerous updates enhance both value and appeal, including a new metal roof, new flooring, fresh interior paint, and more (see full list of improvements). Each unit features generously sized bedroom(s), functional kitchen, and inviting living spaces designed for comfortable everyday living. With separate gas and electric utilities, updated mechanicals, and solid construction, this property offers efficiency and ease of management. Additional amenities include parking space for 3-4 vehicles, a basement laundry area, ample storage space, and a fenced private yard, all highly desirable features for tenants. All four units are currently rented, providing immediate income and strong rental demand in a sought-after location. This property supports long-term stability and tenant retention. Whether you are expanding your investment portfolio or seeking an owner-occupant opportunity with built-in income, this turnkey multifamily delivers versatility and reliable cash-flow potential, a rare opportunity. Schedule your private showing today!