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30904753
30904755

408-12 Hillview Place, Ithaca, NY 14850 For Sale

TC
NY 30VI826997
Berkshire Hathaway HomeServices CNY Realty Fayetteville
Listed by Berkshire Hathaway HomeServices CNY Realty Fayetteville
$1,350,000
133 days on market
Updated 37 days ago
Opportunity zone

408-12 Hillview Place

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 5,954
Units 4
Price per SqFt $227
Ownership Silber Hillsview LLC

Prime Multi-Building Investment Property Near Cornell University & Ithaca College.

Marketing description

Showing Time; List Agent - Call for Showing Instr, Online Showing Service, Tenant Occupied: C of C inspection was complete in May 2025. Call/text Kristin for scheduling showings with tenants at 607-279-7685, please allow 30+ hour notice. Please use [email protected] for all DotLoop contracts and email inquiries. There is a 3rd apartment in building 410 upstairs with 3 bedrooms and 1 bath. Leased through August 31, 2026.

Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market. Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York’s most reliable rental markets.

Directions: South Aurora Street to right on Hillview Place

Listing Contacts

TC
NY 30VI826997
Berkshire Hathaway HomeServices CNY Realty Fayetteville
Listed by Berkshire Hathaway HomeServices CNY Realty Fayetteville

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