About This Home
This 6-bedroom, 4-bathroom residential multi family at 327 Coddington Road in Ithaca, NY is listed for $499,900 ($123 per sqft). Built in 1945, the home offers 4,056 sqft of living space on a 0.84 acres lot.
Key Features
- Built in 1945
- 0.84 acre lot
- Fireplace
Property Details
Amenities
The Ultimate HOUSE-HACK - Live in one unit, let the other pay your mortgage. Owner-occupy the 1st-floor unit and collect $4,050/mo from the other three - at residential mortgage rates, not investment rates. Rents from the 2nd floor ($1,550), basement ($1,200), and detached bungalow ($1,300) offset most or all of your living expense.
The owner's unit is like a private home not an apartment, featuring a spacious kitchen with maple cabinetry, granite countertops, and a breakfast bar, an inviting living room centered around a classic brick fireplace, a sun-filled bonus room perfect for a home office or reading nook, and direct access to an expansive covered patio.
Two tenants are secured through July 2027, providing dependable long-term income, while the first-floor unit and lower-level apartment offer immediate flexibility for an owner-occupant. This property is being sold As-Is, eliminating negotiation friction and accelerating your path to closing.
To make your transaction seamless, professional home inspections and radon tests have already been completed for both structures. The reports are available for review, allowing you to bypass the usual multi-week inspection delays and secure your financing with total clarity. Heat, water/sewer, and trash are currently landlord-maintained on two building-level meters - a new owner may choose to separate utilities. Stop renting. Start building equity.
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
327 Coddington Road
Ithaca, NY 14850
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 327 Coddington Road is listed at $499,900 ($123/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.84 acre lot, Fireplace. Interior Features: SlidingGlassDoors, NaturalWoodwork. Exterior Features: Balcony.
This property is listed by Lindsay Hart and can be reached at 6072275990.




