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222 N Albany Street, Ithaca, NY 14850

Ithaca
Local realty services provided by:CENTURY 21 North East
222 N Albany Street,Ithaca, NY 14850
$795,000
  • 6 Beds
  • - Baths
  • 4,484 sq. ft.
  • Multi-family
  • Active
Listed by: steven saggese
Office: warren real estate of ithaca inc. (downtown)
MLS#:R1723455
Source:NY_GENRIS

Price summary

  • Price:$795,000
  • Price per sq. ft.:$177.3

About this home

Centrally located in downtown Ithaca, this six-unit investment property offers eleven bedrooms, seven bathrooms, and 100% occupancy with leases in place into 2027. Ideally situated just a few blocks from the Ithaca Commons, the property is within easy reach of coffee shops, restaurants, an ice cream parlor, parks, playgrounds, open green space, schools, and a community pool. This vintage late-19th-century home has been well maintained and offers a solid rental history with a mix of long-term established residents, graduate students, and professionals. The central location and proximity to everyday amenities appeal to a broad pool of potential tenants. Spread across three levels, the property includes two one-bedroom apartments, three two-bedroom apartments, and a top-level three-bedroom apartment featuring heat pump heating and cooling. Current gross rents total $112,284 annually, with some units paying their own electricity. Additional features include a large wraparound porch where...

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Home facts

  • Year built:1870
  • Listing ID #:R1723455
  • Added:1 day(s) ago
  • Updated:October 22, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:6
  • Flooring:Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full, Walk Up Access
  • Living area:4,484 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Baseboard, Electric, Gas, Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1870
  • Building area:4,484 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Corner Lot, Near Public Transit, Rectangular, Residential Lot
  • Construction Materials:Shake Siding, Wood Siding
  • Exterior Features:Porch
  • Levels:3 Stories

Schools

  • High school:Ithaca Senior High
  • Middle school:Dewitt Middle
  • Elementary school:Beverly J Martin Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$177.3
  • Tax amount:$19,357

Features and amenities

  • Appliances:Gas Range, Refrigerator
  • Laundry features:Common Area
  • Amenities:Furnished

Parking

  • Parking description:Driveway

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