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675 & 677 Spencer Rd

Candor, NY 13743

$351,900 $1,483/Mo

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Overview

Bed

Bath

5,784

Sqft

2.11

Acres(Lot)

Description

Turnkey investment opportunity just 20 minutes outside of Ithaca! This well-maintained income-producing property sits on 2.11 acres and features a two-story building with four apartments plus two single-wide trailers—offering immediate cash flow and room to grow. The main house includes four rental units, each with covered porch space and dedicated parking. The property has been thoughtfully updated and consistently maintained, making it a solid addition to any investment portfolio. A utility room/garage provides convenient storage for maintenance equipment and supplies. Located behind the main building, the two single-wide trailers have also seen updates and are fully rented, adding additional income streams. Currently fully occupied, the property generates over $54,000 annually, with eve n more potential for increased returns. The expansive rear portion of the lot offers excellent opportunity for future development—consider adding storage units, additional rental units, or other income-producing structures (with appropriate approvals). A rare opportunity to own a multi-unit property with strong existing income and upside potential in a desirable location. Don’t miss your chance to invest in growth and cash flow!

Property Details

Property Type : Residential Income

Price : $351,900

AD Id : 76280107

MLS Id : R1668020

Beds : 6

Lot Size : 2.11 Acres

Living Area Size : 5,784

Year Built : 1956

County : Tioga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes Basement: Crawl Space, Partial
Flooring Information

Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl, Tile
Roofing Information

Metal
Interior Features

Roof: Metal Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Electric, Propane, Baseboard, Hot Water

Building Information

Year Built: 1956 Building Area Total: 5784 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No

Lot Information

Lot Dimensions: 211X525 Main Square Feet: 2.11 Acres Lot Size Acres: 2.11 Lot Description: Irregular Lot

Listing Price Information

Listing Price: $351900 Cash, Conventional

Tax Information

Parcel Number: 70.00-1-12.212 Annual Tax: $9493

Parking Information

Gravel, Driveway

School Information

Elementary School: Candor Elementary

Junior High School:

Senior High School:
Utility Information

Electricity Available, Propane
Location Information

Direction: Coming from Candor property is second driveway after Straits Corners Rd. on the left. WaterSource: Well

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ByOwner last updated this listing 06/12/2026 @ 15:26

MLS: R1668020 LISTED BY: Suzanne Powers, RE/MAX In Motion 607-277-1500 SOURCE: Ithaca Board of REALTORS