About This Home

This 3-bedroom, 2-bathroom single family at 123 Linden Avenue in Ithaca, NY is listed for $590,000 ($585 per sqft). Built in 1940, the home offers 1,008 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1940
  • 0.10 acre lot

Property Details

1 story
2 full
1940

Amenities

HardwoodA/C
Listing Description

An exceptional investment opportunity in one of Cornell University's most sought-after locations. This impeccably maintained single-family residence seamlessly blends timeless charm with thoughtful modern updates. Currently leased for the 2026-2027 academic year, this turnkey property offers immediate, reliable income while showcasing the quality and care discerning investors value.

Tenants pay utilities seperately. Off-street parking. The inviting interior is filled with natural light and accented by rich hardwood floors, creating a warm and sophosticated atmosphere throughout. Extensive improvements include the addition of a beautifully designed second full bathroom and dormer, a tastefully renovated kitchen, updated electri

cal service, replacement windows, newer HVAC systems including central air, and a newer washer/dryer-providing both comfort and long-term peace of mind. With three spacious bedrooms, two full bathrooms, and a prime location just moments from Cornell University, this residence continues to attract strong tenant demand year after year.

A rare offering that combines enduring quality, exceptional upkeep, and proven investment performance, this is an outstanding opportunity to own a premier income-producing property in one of Ithaca's most desirable rental markets.

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,557
Insurance$172

Estimates only. Actual payments may vary.

Location

123 Linden Avenue

Ithaca, NY 14850

Features & Amenities

Interior Features

SeparateFormalDiningRoomBedroomOnMainLevel

Exterior Features

BlacktopDriveway

Property Details

Flooring

HardwoodTileVaries

Construction

FiberCement

Parking

Garage

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DryerGasOvenGasRangeGasWaterHeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 123 Linden Avenue is listed at $590,000 ($585/sqft). The estimated monthly payment is $3,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.10 acre lot. Interior Features: SeparateFormalDiningRoom, BedroomOnMainLevel. Exterior Features: BlacktopDriveway.

This property is listed by Adele Wood and can be reached at 3153782663.

AW

Adele Wood

License 10301217748

Agent at Heritage Realty of Central New York

(315) 378-2663

Listed by Heritage Realty of Central New York · Broker phone: (607) 428-0708 · View on Broker Site

MLS# S1704387· Source: New York State Alliance of MLSs, LLC· 43 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 Linden Avenue, Ithaca, NY 14850

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