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High Cash Flow & Prime Ithaca Location

$400,000 • 4 Beds / 2 Baths • 1,902 SqFt

Available

Offer Submission Deadline

House Type 2-4 Unit
Bedrooms 4
Bathrooms 2
Year Built 1880
Approx.SqFt. 1902
Lot size SqFt. 1902
Garage No Garage

Description

Investor Opportunity: Vacant Duplex with Immediate Rental Income Potential!

Don’t miss this rare chance to acquire a partially renovated 4-bedroom, 2-bath duplex in a prime Ithaca location. With one unit move-in ready and the other mid-renovation, this property offers immediate cash flow plus significant upside for investors ready to finish the second unit.

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Property Highlights:

Duplex Layout: Two units, each with 2 bedrooms and 1 bathrooms, ideal for rental flexibility.
Downstairs Unit: Fully renovated and ready for tenants, with strong rental demand.
Upstairs Unit: Mid-renovation; requires sheetrock, stair railing, paint, and electrical work. Materials are mostly on-site—perfect for an investor looking to add value and increase rental income.
Vacant & Investor-Ready: Owner motivated for a direct cash sale, no realtor involved, quick closing possible.
Rental Potential: Downstairs unit generating immediate income, upstairs unit adds upside once completed.
Location Advantage: High-demand Ithaca neighborhood ensures strong tenant occupancy and long-term appreciation.

Why This Duplex Will Sell Fast:

Immediate Income: Downstairs unit is ready for tenants.
Value-Add Potential: Upstairs unit completion allows for higher rents and strong ROI.
Prime Ithaca Location: Walking distance to downtown and key amenities.

Summary:

This vacant duplex is a rare investment opportunity in Ithaca for landlords or investors seeking cash flow today and upside tomorrow. With one unit ready and the other offering a value-add, this property is positioned for a fast acquisition and immediate income potential.