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photo 0: 502 West Court Street, Ithaca City NY 14850
photo 1 : 502 West Court Street, Ithaca City NY 14850
photo 2 : 502 West Court Street, Ithaca City NY 14850

Active

502 West Court Street, Ithaca City NY 14850

MLS# R1716055

$345,000

Price

5

Beds

3

Baths


2,552

Living Area (Sq.Ft.)

0.113

Lot Area (Acres)

The Perfect House Hack — Location, Cashflow, and Endless Potential Across from Washington Park! Live in one, let the other pay your mortgage. <br> If you’ve been waiting for the right opportunity to break into the Ithaca market or add a high-potential asset to your portfolio, 502 W Court St demands a look. Sitting right across from the lush, vibrant expanse of Washington Park, this classic 1860 duplex offers a location that simply cannot be replicated. <br> <br>With 5 bedrooms, 3 bathrooms, and 2,552 square feet of versatile space—plus the convenience of dual street frontage—this property has a phenomenal footprint. It’s no secret that this asset requires some TLC, but seasoned investors and savvy house-hackers know: ugly spells equity. <br> <br>The 2nd-floor apartment is already generating a reliable $1,600/month with the tenant covering utilities, putting money in your pocket from day one. <br> <br>The owner-occupied 1st-floor unit will be vacating, giving you a clean slate to move right in, customize your own space, and let the upstairs rent do the heavy lifting on your monthly payment. <br> <br>Off-street parking in this neighborhood is a massive win, and having laundry available in both units ensures effortless tenant appeal. <br> <br>Enjoy park-side living with downtown Ithaca just moments away. <br> <br>Bring your a-team, seize the upside, and turn this incredible location into your smartest real estate move yet.

Status

Active

Property Type

Residential

Property Sub Type

Duplex

Year Built

1860

Parcel Number

51.-5-8

Unit Number

--

Structure Type

Duplex

Lot Features

Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Levels

Two

Lot Size Dimensions

49X100

Stories

2

Bath Rooms Full

3

Property Condition

Resale

Elementary School

Beverly J Martin Elementary

Elementary School District

Ithaca

Middle Or Junior School District

Ithaca

High School District

Ithaca

Location

Listing Agent

Lindsay Hart

Listing Office

RE/MAX In Motion

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow,Closing,SubjectToTenantRights

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional, F H A

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-09-21

Tenant Pays

AllUtilities

Fire Places Total

0

Flooring

Carpet, Laminate, Varies

Heating

true

Heating Features

Gas, Baseboard, Hot Water

Appliances

Electric Water Heater

Garage

--

Garage Spaces

0

Architectural Style

Duplex

Exterior Features

Enclosed Porch, Porch

Water Source

Connected, Public

Sewer

Connected

Roof

Metal

Utilities

Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Parking Features

Gravel, Two Or More Spaces

Basement

Crawl Space

Construction Materials

Frame, Stucco, Vinyl Siding

Patio And Porch Features

Covered, Porch

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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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