Active
MLS# R1706737
$1,995,000
Price
8
Beds
4
Baths
11,968
Living Area (Sq.Ft.)
10.08
Lot Area (Acres)
$1,995,000
Price
8
Beds
4
Baths
11,968
Living Area (Sq.Ft.)
10.08
Lot Area (Acres)
Start or grow your investment portfolio with this well-established 14-unit residential rental property, offering strong rental income, a solid occupancy history and an attractive investment opportunity. The portfolio consists of four triplexes and one duplex situated across four contiguous tax parcels, all being offered together as one package. Each of the 14 apartments features two bedrooms and convenient single-level living. These well-cared-for units have proven easy to rent, with many long-term tenants and a history of consistent demand. Numerous units have been updated over time with newer flooring, kitchen improvements and other enhancements, reflecting the owners' ongoing attention to maintenance and upkeep. Conveniently located between Ithaca and Dryden, the property combines accessibility with an appealing country setting. The buildings are set well back from the road, providing tenants with a sense of peace and privacy. Spacious, nicely landscaped grounds offer large yards, room to enjoy the outdoors and ample off-street parking. The duplex units provide additional amenities with attached garages and generous private decks. The buildings and grounds have been continually cared for, creating an attractive rental environment that has contributed to the property's strong occupancy history and tenant retention. With 14 income-producing units, established rental performance and the efficiencies of multiple units in one location, this portfolio offers the potential for a strong return on investment from day one. There may also be potential for additional units to be developed, subject to municipal approvals and applicable zoning. A substantial, established rental portfolio in a convenient location, offering 14 income-producing units in one acquisition with steady, strong rental income.
Status
Active
Property Type
Residential
Property Sub Type
Duplex
Year Built
1990
Parcel Number
502489-039-000-0001-028-113-0000
Unit Number
--
Structure Type
Duplex
Lot Features
Irregular Lot
Levels
One
Lot Size Dimensions
695X624
Stories
1
Bath Rooms Full
4
Property Condition
Resale
Elementary School
Freeville Elementary
Elementary School District
Dryden
Middle Or Junior School District
Dryden
High School District
Dryden
Location

Listing Agent
Karen Eldredge
Listing Office
Howard Hanna S Tier Inc
Owner Name
--
Owner Phone
--
Possession
Closing
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-08-27
Owner Pays
Grounds Care, Snow Removal, Trash Collection, Water
Rent Includes
Gardener, Snow Removal, Trash Collection, Water
Fire Places Total
0
Interior Features
Ceiling Fans, Skylights, Bedroom On Main Level
Flooring
Carpet, Laminate, Varies, Vinyl
Laundry Features
Accessible Utilities Or Laundry, Washer Hookup
Heating
true
Heating Features
Gas, Forced Air
Accessibility Features
Accessible Bedroom
Appliances
Gas Water Heater
Window Features
Skylights
Garage
--
Garage Spaces
0
Architectural Style
Duplex, Triplex
Exterior Features
Deck
Water Source
Well
Sewer
SepticTank
Roof
Architectural, Shingle
Utilities
High Speed Internet Available
Parking Features
Common, Two Or More Spaces
Basement
Crawl Space
Construction Materials
Frame, Vinyl Siding
Patio And Porch Features
Covered, Deck, Porch

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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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.

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.