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photo 0: 657 & 677 Spencer Rd, Candor NY 13743
photo 1 : 657 & 677 Spencer Rd, Candor NY 13743
photo 2 : 657 & 677 Spencer Rd, Candor NY 13743

Active

657 & 677 Spencer Rd, Candor NY 13743

MLS# R1668020

$351,900

Price

6

Beds

-

Baths


5,784

Living Area (Sq.Ft.)

2.11

Lot Area (Acres)

Turnkey investment opportunity just 20 minutes outside of Ithaca! This well-maintained income-producing property sits on 2.11 acres and features a two-story building with four apartments plus two single-wide trailers—offering immediate cash flow and room to grow. The main house includes four rental units, each with covered porch space and dedicated parking. The property has been thoughtfully updated and consistently maintained, making it a solid addition to any investment portfolio. A utility room/garage provides convenient storage for maintenance equipment and supplies. Located behind the main building, the two single-wide trailers have also seen updates and are fully rented, adding additional income streams. Currently fully occupied, the property generates over $54,000 annually, with even more potential for increased returns. The expansive rear portion of the lot offers excellent opportunity for future development—consider adding storage units, additional rental units, or other income-producing structures (with appropriate approvals). A rare opportunity to own a multi-unit property with strong existing income and upside potential in a desirable location. Don’t miss your chance to invest in growth and cash flow!

Status

Active

Property Type

MultiFamily

Property Sub Type

Other

Year Built

1956

Parcel Number

70.00-1-12.212

Unit Number

--

Lot Features

Irregular Lot

Levels

Two

Building Area Source

Assessor

Lot Size Dimensions

211X525

Stories

2

Community Features

None

Property Condition

Resale

Elementary School

Candor Elementary

Elementary School District

Candor

Middle Or Junior School District

Candor

High School District

Candor

Location

Listing Agent

Suzanne Powers

Listing Office

RE/MAX In Motion

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-03-19

Owner Pays

Other, See Remarks

Rent Includes

Other, See Remarks

Gross Income

54900

Fire Places Total

0

Flooring

Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl

Heating

true

Heating Features

Electric, Propane, Baseboard, Hot Water

Appliances

Electric Cooktop, Electric Water Heater, Propane Water Heater, Refrigerator

Garage

--

Garage Spaces

--

Exterior Features

Gravel Driveway, Propane Tank Owned

Water Source

Well

Sewer

SepticTank

Roof

Metal

Utilities

Electricity Available

Parking Features

Three Or More Spaces

Foundation Details

Slab

Basement

Crawl Space, Partial

Construction Materials

Vinyl Siding

Patio And Porch Features

Covered, Porch

No schools found

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