Active
408-12 Hillview Place, Ithaca City NY 14850
MLS# R1650340
$1,350,000
Price
13
Beds
5
Baths
5,954
Living Area (Sq.Ft.)
0.11
Lot Area (Acres)
$1,350,000
Price
13
Beds
5
Baths
5,954
Living Area (Sq.Ft.)
0.11
Lot Area (Acres)
Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. <br> <br>The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market. <br> <br>Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York’s most reliable rental markets.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1980
Parcel Number
92.-6-6
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
Assessor
Lot Size Dimensions
127X150
Stories
2
Bath Rooms Full
5
Property Condition
Resale
Elementary School
South Hill
Elementary School District
Ithaca
Middle Or Junior School
Boynton Middle
Middle Or Junior School District
Ithaca
High School
Ithaca Senior High
High School District
Ithaca
Location
Listing Agent
Brian DeYoung
Listing Office
Berkshire Hathaway HomeServices Heritage Realty
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-01-27
Owner Pays
Water
Rent Includes
Water
Fire Places Total
0
Interior Features
Ceiling Fans, Other, See Remarks, Storage, Natural Woodwork, Bedroom On Main Level
Flooring
Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
Laundry Features
Common Area
Heating
true
Heating Features
Electric, Gas, Baseboard, Forced Air
Accessibility Features
Accessible Bedroom, Low Threshold Shower, No Stairs, Accessible Doors, Accessible Entrance
Appliances
Gas Water Heater
Window Features
StormWindows
Garage
true
Garage Spaces
5
Water Source
Connected, Public
Sewer
Connected
Roof
Architectural, Shingle
Utilities
Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Parking Features
Common, Garage, Paved, Parking Available, Two Or More Spaces
Foundation Details
Block,Poured
Basement
Full, None, Sump Pump
Construction Materials
Blown In Insulation, Block, Frame, Other, Concrete, Stucco, Wood Siding
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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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.
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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.