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220 Eddy Street Ithaca City, NY $ 1,800,000
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220 Eddy Street
$ 1,800,000
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220 Eddy Street

Ithaca City, NY, 14850
$ 1,800,000
Bedrooms18 Baths6.0 Sq 5,350

Monthly Estimate*

$ 12,432

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Multi-Family Home for sale in Ithaca City, NY for $1,800,000 with 18 bedrooms and 6 full baths. This 5,350 square foot home was built in 1899 on a lot size of 0.1704.

Rare opportunity to acquire an established income producing student housing investment in the heart of Ithaca's highly sought after Collegetown! Ideally situated on Eddy Street, just moments from Cornell University, this property features 18 bedrooms, 6 bathrooms, 4 kitchens, and 4 living areas. Rented for the 2027 - 2028 academic year, the property offers established rental income with future rental commitments in place. Tenants responsible for all utilities. An exceptional opportunity for investors seeking a well-positioned property in Ithaca's Cornell rental market.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

18

Full Bath

6

Property Type

Multi-Family

Taxes

$ 32,736

Style

Fourplex

Lot Size

0.1704

Year Built

1899

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1723436
Features
Interior
Interior Amenities Attic
Basement Full Finished
Flooring Carpet Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 18
Main Level Bathrooms 0
Total Baths 6
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General
Sewer Connected
Heating Gas Baseboard ForcedAir
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 0.0
Architectural Style Fourplex
Construction Materials Other SeeRemarks
School District Ithaca
Year Built 1899
Tenant Pays AllUtilities
Stories Count 3
Township Not Applicable
Property Subtype MultiFamily
County Tompkins
Property Type Residential
Subdivision Name Section 68
Full Baths 6
Status Active
City Ithaca City
Senior Community Y/N No
High School District Ithaca
Zoning Description Other - See Remarks
Number Of Units Total 4
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 7424.0
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 32736.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 980000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5
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Exterior
Parking Features TwoOrMoreSpaces
Lot Features Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1704
Foundation Details Stone
Building Area Total 5350.0
Lot Dimensions 64X116
Lot Size Acres 0.1704
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 5
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Berkshire Hathaway Homeservices Heritage Realty

Broker

(607) 423-9252

Phone

Affordability Calculator

$15,160
Per Month
82%
18%
0%
Monthly Principal & Interest
$12,432
Monthly Property Taxes
$2,728
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133762 Elementary School
3323858 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/4/2026$1,800,000 Listed Price

Map

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220 Eddy Street, Ithaca City, NY, 14850 is a Multi-Family Home for sale at $1,800,000 with 5,350 sqft and a lot size of 0.1704. 220 Eddy Street has 18 bedrooms, 6.0 baths, and was built in 1899. The property's zip code is 14850 which is in Ithaca City, NY

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