Turnkey investment opportunity just 20 minutes outside of Ithaca! This well-maintained income-producing property sits on 2.11 acres and features a two-story building with four apartments plus two single-wide trailers—offering immediate cash flow and room to grow. The main house includes four rental units, each with covered porch space and dedicated parking. The property has been thoughtfully updated and consistently maintained, making it a solid addition to any investment portfolio. A utility room/garage provides convenient storage for maintenance equipment and supplies. Located behind the main building, the two single-wide trailers have also seen updates and are fully rented, adding additional income streams. Currently fully occupied, the property generates over $54,000 annually, with even more potential for increased returns. The expansive rear portion of the lot offers excellent opportunity for future development—consider adding storage units, additional rental units, or other income-producing structures (with appropriate approvals). A rare opportunity to own a multi-unit property with strong existing income and upside potential in a desirable location. Don’t miss your chance to invest in growth and cash flow!
Active
Price cut: $22.9K (6/16)
$329,000
675 & 677 Spencer Rd, Candor, NY 13743
6beds
0baths
5,784sqft
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 99 days |
- 225 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
RE/MAX In Motion 607-277-1500,
Suzanne Powers 607-277-1500
Source: NYSAMLSs,MLS#: R1668020
Originating MLS: Ithaca Board of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Electric, Propane, Baseboard, Hot Water
Appliances
- Included: Electric Cooktop, Electric Water Heater, Propane Water Heater, Refrigerator
Features
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
- Basement: Crawl Space,Partial
- Has fireplace: No
Interior area
- Total structure area: 5,784
- Total interior livable area: 5,784 sqft
Property
Parking
- Parking features: Three or more Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Gravel Driveway, Propane Tank - Owned
Lot
- Size: 2.11 Acres
- Dimensions: 211 x 525
- Features: Irregular Lot
Details
- Additional parcels included: 70.00114
- Parcel number: 70.00112.212
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: None
Location
- Region: Candor
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $283,781
- Annual tax amount: $9,493
- Date on market: 3/19/2026
- Cumulative days on market: 31 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $329,000-6.5%$57/sqft |
Source: | ||
| 3/20/2026 | Listed for sale | $351,900+2%$61/sqft |
Source: | ||
| 11/30/2025 | Listing removed | $344,900$60/sqft |
Source: | ||
| 9/20/2025 | Price change | $344,900-5.5%$60/sqft |
Source: | ||
| 9/3/2025 | Price change | $364,900-2.7%$63/sqft |
Source: | ||
| 3/12/2025 | Listed for sale | $374,900$65/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 13743
Nearby schools
GreatSchools rating
- 3/10Candor Elementary SchoolGrades: PK-6Distance: 3.3 mi
- 8/10Candor Junior Senior High SchoolGrades: 7-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Candor Elementary
- District: Candor
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tioga County
- Candor
- 13743
- 675 & 677 Spencer Rd




