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MULTI_FAMILY - Other - Ithaca, NY
Excellent income-producing opportunity located in Ithaca. 524 Hayts Road is a fully occupied three-unit property situated on a spacious 7-acre parcel, with approximately 3 acres currently in use and additional land offering future potential. The main residence is complemented by a converted three-bay garage, now thoughtfully redesigned into two separate rental units: a one-bedroom, one-bath apartment and a studio apartment. All three units are currently rented, providing immediate and consistent cash flow. The property also features a circular driveway, offering convenient access, ample parking, and ease of entry for residents and guests. This property is ideal for investors seeking a turnkey income asset or owner-occupants looking to live in one unit while offsetting expenses by renting the others. The expansive acreage offers privacy, flexibility, and potential for future use (buyer to...
Excellent income-producing opportunity located in Ithaca. 524 Hayts Road is a fully occupied three-unit property situated on a spacious 7-acre parcel, with approximately 3 acres currently in use and additional land offering future potential. The main residence is complemented by a converted three-bay garage, now thoughtfully redesigned into two separate rental units: a one-bedroom, one-bath apartment and a studio apartment. All three units are currently rented, providing immediate and consistent cash flow. The property also features a circular driveway, offering convenient access, ample parking, and ease of entry for residents and guests. This property is ideal for investors seeking a turnkey income asset or owner-occupants looking to live in one unit while offsetting expenses by renting the others. The expansive acreage offers privacy, flexibility, and potential for future use (buyer to verify). A rare opportunity to own an income property with acreage within Ithaca, combining rental income, land, and long-term upside. Agent related to seller.
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