308 Fairmount Avenue

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 308 Fairmount Ave, Ithaca, NY 14850, USA
New York & Tri-State + Apartment Buildings
Created date: November 3, 2026
Date last updated: November 3, 2026
Price: $950,000Investment Analyzer NEW!

Property 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $950,000
No. of Units: 7
Year Built: 1925
Lot Size: 2,358.00 Sq ft
Opportunity Zone: No
Price per unit: $135,714
Property Website Click Here
Number of Bedrooms: 10
Number of Bathrooms: 0
Address: 308 Fairmount Avenue, Ithaca, NY 14850, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

33 W Main Street

Dryden, New York
New York & Tri-State + Apartment Buildings
Units: 5
Price: $249,000

119 Stewart Avenue

Ithaca, New York
New York & Tri-State + Apartment Buildings
Units: 5
Price: $1,025,000

703 Saint Lawrence Avenue

Buffalo, New York
New York & Tri-State + Apartment Buildings
Units: 8
Price: $960,000

Brokers

View All

Lenders

View All