Active Under Contract
1283 Ellis Hollow Road, Dryden NY 14850
MLS# R1668595
$570,000
Price
4
Beds
4
Baths
2,713
Living Area (Sq.Ft.)
1.47
Lot Area (Acres)
$570,000
Price
4
Beds
4
Baths
2,713
Living Area (Sq.Ft.)
1.47
Lot Area (Acres)
Here's a solid investment opportunity in the heart of Ellis Hollow, just minutes from Cornell's Vet School! First time on the market since 1998, this is a side-by-side 4-unit rental property that is fully rented through July 31, 2026 earning $64,800 annual gross income! Attractive log design with covered front porch with ample parking for tenants and guests. Each unit is rented for $1,350 + utilities (all separate) and are in great condition overall. Main level spaces in each unit include a living room open to kitchen and full bath with tub/showers. Upstairs there is 1 bedroom plus a large office room/sitting room. Outside space for tenants in each unit too - concrete back patios with privacy walls between each unit. Oversized 1.47 acre lot with wooded views. Many recent improvements including septic (2024), well pump (2022), windows, roofing. The owners have taken great care of this property throughout the years. They also lived in Unit 4 upon first purchase so it's a flexible option for a new owner. Unit 1 may be vacating to allow owner occupancy earlier than July (tenant is still obligated to pay lease through July otherwise). Fully rented throughout the years with no significant vacancy rates!
Status
Active Under Contract
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1985
Parcel Number
67.-1-64.2
Unit Number
--
Lot Features
Irregular Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
208X512
Stories
2
Bath Rooms Full
4
Property Condition
Resale
Elementary School
Caroline Elementary
Elementary School District
Ithaca
Middle Or Junior School
Dewitt Middle
Middle Or Junior School District
Ithaca
High School
Ithaca Senior High
High School District
Ithaca
Location
Listing Agent
Christine Delvecchio
Listing Office
Warren Real Estate of Ithaca Inc.
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-03-23
Owner Pays
Grounds Care, Other, Snow Removal, See Remarks
Rent Includes
Common Area Maintenance, Gardener, Other, See Remarks, Snow Removal
Gross Income
64800
Net Operating Income
40636
Fire Places Total
0
Interior Features
Natural Woodwork
Flooring
Carpet, Ceramic Tile, Varies, Vinyl
Cooling Features
Other,SeeRemarks
Heating
true
Heating Features
Gas, Other, See Remarks, Wall Furnace
Appliances
Gas Water Heater
Electric
Circuit Breakers
Window Features
ThermalWindows
Garage
--
Garage Spaces
0
Architectural Style
Fourplex
Water Source
Well
Sewer
SepticTank
Roof
Asphalt, Membrane, Rubber, Shingle
Utilities
Cable Available, Electricity Connected, High Speed Internet Available
Parking Features
Gravel, Parking Available
Foundation Details
Block
Basement
Crawl Space
Construction Materials
Frame, Log, Wood Siding, Copper Plumbing, Pex Plumbing
Patio And Porch Features
Covered, Porch
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.