210 Delaware Ave Ithaca, NY 14850
For Sale
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A rare opportunity to own one of Collegetown's true architectural gems. Rich in character and history. This impressive seven-unit property features stunning stained glass windows, beautiful hardwood floors, spacious apartment layouts and a location that is difficult to replicate. Situated just above the heart of Collegetown, the property offers convenient access to Cornell University, restaurants, and amenities while avoiding much of the area's busiest foot traffic. The building consists of seven apartments with a total of 19 bedrooms, making it an excellent addition to an investment portfolio or a unique opportunity for an owner seeking long-term value in one of Ithaca's most desirable rental markets. Recent improvements include new windows throughout most of the building (excluding the original stained-glass windows), repairs to the double front porches including recent roof work on the right-side porch, and various additional maintenance updates. Several units feature comfortable, remodeled kitchens that blend modern convenience with the building's timeless character. Also available for purchase is the neighboring property at 218 Delaware Avenue (MLS #1693102). Acquire both properties and enjoy ownership of two of the finest vintage investment properties in the area. Unit 1-4 are all 3 bedrooms each Unit 5 -4 bedrooms, 2 baths Unit 6- 2 bedrooms Unit 7- 1 bedroom 19 bedrooms, spread across 7 units Dryden Rd to Bryant Ave to Delaware Ave
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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