About This Home

This 10-bedroom, 0-bathroom residential multi family at 308 Fairmount Avenue in Ithaca, NY is listed for $950,000 ($403 per sqft). Built in 1925, the home offers 2,358 sqft of living space on a N/A lot.

Key Features

  • Built in 1925
  • 2 stories

Property Details

2 stories
1925

Amenities

Hardwood
Listing Description

SUPER Great Investment with an approximate 8% CAP RATE RETURN in this sought-after upper Collegetown location with a flat walking distance to Cornell and just seconds from the high-energy Collegetown hub. These 7 units are in the ideal graduate student location offering a short, flat walk to the main entrance of CORNELL. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin laundry is on site. A select few off-street parking spots.

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

308 Fairmount Avenue

Ithaca, NY 14850

Features & Amenities

Interior Features

CeilingFans

Exterior Features

ConcreteDriveway

Property Details

Flooring

VariesVinylHardwoodTile

Construction

Stone Stucco WoodSiding

Parking

Garage

Heating

BaseboardHot Water(Heating)Natural Gas

Appliances

GasOvenGasRangeGasWaterHeaterRefrigerator

Questions & Answers

This 10-bedroom, 0-bathroom residential multi family at 308 Fairmount Avenue is listed at $950,000 ($403/sqft). The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 2 stories. Interior Features: CeilingFans. Exterior Features: ConcreteDriveway.

This property is listed by Kathleen M Markowski.

KM

Kathleen M Markowski

License 30MA0818780

Agent at Warren Real Estate

Listed by Warren Real Estate · Broker phone: (607) 257-0666 · View on Broker Site · Broker website

MLS# R1725376· Source: New York State Alliance of MLSs, LLC· 9 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.

308 Fairmount Avenue, Ithaca, NY 14850

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