1283 Ellis Hollow Rd | Image 1
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1283 Ellis Hollow Rd | Image 2
1283 Ellis Hollow Rd | Image 3
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1283 Ellis Hollow Rd | Image 7

$570,000

Other

22 days ago

1283 Ellis Hollow Rd, Ithaca, NY

House

MLS® R1668595

4 Bed

4 Bath

2713 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2713 sqft
Garage 
Taxes $8,774
Days Active 22
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $210
MLS® Number R1668595

Property Address: 1283 Ellis Hollow Rd, Ithaca, NY, 14850-2960

Average square foot calculated using Size range provided by listing agent.

Description

Here's a solid investment opportunity in the heart of Ellis Hollow, just minutes from Cornell's Vet School! First time on the market since 1998, this is a side-by-side 4-unit rental property that is fully rented through July 31, 2026 earning $64, 800 annual gross income! Attractive log design with covered front porch with ample parking for tenants and guests. Each unit is rented for $1, 350 + utilities (all separate) and are in great condition overall. Main level spaces in each unit include a living room open to kitchen and full bath with tub/showers. Upstairs there is 1 bedroom plus a large office room/sitting room. Outside space for tenants in each unit too - concrete back patios with privacy walls between each unit. Oversized 1.47 acre lot with wooded views. Many recent improvements including septic (2024), well pump (2022), windows, roofing. The owners have taken great care of this property throughout the years. They also lived in Unit 4 upon first purchase so it's a flexible option for a new owner. Unit 1 may be vacating to allow owner occupancy earlier than July (tenant is still obligated to pay lease through July otherwise). Fully rented throughout the years with no significant vacancy rates!
MLS® NumberR1668595
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
BasementCrawl Space
DrivewayGravel, Parking Available
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Mar 24, 2026List Date
$570,000List Price
  • Commute

Commute

Starting Address
Destination Address
1283 Ellis Hollow Rd, Ithaca, NY

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