612 Buffalo StIthaca, NY 14850

For Sale
$755,000

Six-unit property near Cornell

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a historic six-unit apartment building ideally situated in Ithaca's vibrant Collegetown, just minutes from Cornell University and downtown Ithaca. Built in 1870, this 3,876 square foot property boasts a strong rental history, making it an attractive prospect for investors seeking stable income. The building sits on a 0.05-acre lot and includes convenient off-street parking for up to six vehicles, a significant advantage in this highly sought-after location. The property's central location ensures high occupancy rates and ease of access to Cornell University, local amenities, and the bustling downtown area. With six individual units, this multifamily property offers a diversified income stream and potential for future appreciation. The asking price is $755,000. This is a rare chance to acquire a well-maintained, income-producing asset in a prime college town setting. The property's historical charm combined with its modern conveniences makes it a truly unique investment opportunity. Serious inquiries are encouraged.

Highlights

  • $755,000 asking price for a 6-unit multifamily property.
  • 3,876 square feet on a 0.05-acre lot.
  • Built in 1870, with 6 parking spaces.
  • Located at 612 E Buffalo St, Ithaca, NY 14850, near Cornell University.
  • Excellent rental history.
  • Broker co-op available.

Property Details for 612 Buffalo St

Property type
Multifamily properties, Dormitories
Square Feet
3,876 SF
Year Built
1870
Buildings
1
Lot Size (sq. ft)
2,178 SF
Units
6

Location Insight

City
Ithaca
County
Tompkins
State
New York
Latitude
42.4418103
Longitude
-76.4891461
612 Buffalo St, Ithaca, New York

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612 Buffalo St
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