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310 Pleasant St
Ithaca, NY 14850
Multifamily Property For Sale
·
3 Units
Executive Summary
An outstanding investment on Ithaca’s South Hill, this well-positioned multifamily/student housing property delivers stable income, strong tenant demand, and long-term value. Approved for 9 unrelated tenants, this property rents a year in advance. Each unit comes fully furnished with appliances including washer/dryer, microwave, range/oven, and refrigerator, and features modern finishes such as hardwood laminate flooring, central air conditioning, and recent renovations that enhance durability and reduce maintenance costs. A spacious yard and outdoor common area further boost tenant appeal. Ideally located within walking distance of Ithaca Commons, Cornell University, and Ithaca College, with seamless access to public transit, restaurants, and shops, the property combines premium location, consistent occupancy, and modern amenities; making it a rare, turn-key opportunity in one of New York’s strongest college-town rental markets.
Property Facts Under Contract
| Price Per Unit | $332,807 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 3 | Building Size | 7,467 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1843 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-2A - Residential Low Density | ||
| Price Per Unit | $332,807 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,467 SF |
| No. Stories | 3 |
| Year Built | 1843 |
| Opportunity Zone |
Yes |
| Zoning | R-2A - Residential Low Density |
Property Taxes
| Parcel Number | 500700-081-000-0005-003-000-0000 | Improvements Assessment | $698,552 CAD |
| Land Assessment | $68,485 CAD | Total Assessment | $767,038 CAD |
Property Taxes
Parcel Number
500700-081-000-0005-003-000-0000
Land Assessment
$68,485 CAD
Improvements Assessment
$698,552 CAD
Total Assessment
$767,038 CAD
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