Solid construction, long-lasting improvements, and a strong rental history make this 7-unit apartment building an excellent investment opportunity. The stone building features a slate roof and quality improvements designed for long-term durability, helping limit future capital expenses. An attractive option for both investors and owner-occupants, the property includes a large apartment with its own private entrance and patio, offering the opportunity to live on-site while generating rental income from the remaining units. Located just 0.5 miles from the local hospital and 2 miles from downtown Ithaca, the property benefits from convenient access to major employment centers, services, and amenities. Off-street parking, coin-operated laundry, and basement storage lockers add convenience and additional revenue potential. With an established rental history, a desirable location, and room to increase income, this property offers a solid foundation with upside potential.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Fall Creek Elementary School
Public PreK-5 • Assigned • 2.2mi
6/10
Boynton Middle School
Public 6-8 • Assigned • 1.8mi
8/10
Ithaca Senior High School
Public 9-12 • Assigned • 1.9mi
9/10
Dewitt Middle School
Public 6-8 • Assigned • 3.4mi
7/10
Provided by GreatSchools
About West
Hill
West Hill, located between Cayuga Lake and the Cornell University campus, is a residential and hillside Northwest Ithaca neighborhood with wooded slopes and long west-facing sunsets. The neighborhood’s character concentrates around the Stewart Avenue–West Hill Terrace corridor, where porch-lined streets meet a steady stream of walkers and cyclists. Housing leans toward early-20th-century homes and compact apartment buildings, with mature trees and stone retaining walls shaping the streetscape. Sunset Park functions as the everyday green, with open lawns and lake views. Community pillars nearby include the State Theatre of Ithaca, the Ithaca Farmers Market, and the Kitchen Theatre Company.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
One fireplace
Full basement
Kitchen
Dishwasher
Electric oven
Electric range
Gas water heater
Laundry & utility
Common-area laundry
Flooring
Carpet
Tile
Varied flooring
Heating & cooling
Baseboard heating
Hot water heating
Natural gas heating
Exterior features
Irregular lot
Home design
Two stories
Multi-family residential income property
Parking
Asphalt driveway
No garage
Construction
Slate and tile roof
Frame and stone construction
Utilities
Public water
Connected to sewer and water
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
6 days above 97° expected this year, 13 days in 30 years
1/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ithaca, NY • 14850
Average low and high temperatures (°F)
31
20
35
20
53
31
62
40
68
47
81
59
85
64
81
58
77
53
64
43
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 28% for direct sun exposure in Ithaca. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1249 Trumansburg Rd
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