Pending

1283 Ellis Hollow Road

Dryden, NY 14850

$570,000 $2,403/Mo

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Overview

Bed

Bath

2,713

Sqft

1.47

Acres(Lot)

Description

Here's a solid investment opportunity in the heart of Ellis Hollow, just minutes from Cornell's Vet School! First time on the market since 1998, this is a side-by-side 4-unit rental property that is fully rented through July 31, 2026 earning $64,800 annual gross income! Attractive log design with covered front porch with ample parking for tenants and guests. Each unit is rented for $1,350 + utilities (all separate) and are in great condition overall. Main level spaces in each unit include a living room open to kitchen and full bath with tub/showers. Upstairs there is 1 bedroom plus a large office room/sitting room. Outside space for tenants in each unit too - concrete back patios with privacy walls between each unit. Oversized 1.47 acre lot with wooded views. Many recent improvements inclu ding septic (2024), well pump (2022), windows, roofing. The owners have taken great care of this property throughout the years. They also lived in Unit 4 upon first purchase so it's a flexible option for a new owner. Unit 1 may be vacating to allow owner occupancy earlier than July (tenant is still obligated to pay lease through July otherwise). Fully rented throughout the years with no significant vacancy rates!

Property Details

Property Type : Residential

Price : $570,000

AD Id : 76371757

MLS Id : R1668595

Beds : 4

Lot Size : 1.47 Acres

Living Area Size : 2,713

Year Built : 1985

County : Tompkins

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Basement: Crawl Space
Flooring Information

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

Asphalt, Membrane, Rubber, Shingle
Interior Features

Natural Woodwork Roof: Asphalt, Membrane, Rubber, Shingle Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Other, See Remarks, Wall Furnace, Natural Gas Has Cooling: Yes Cooling: Other

Building Information

Year Built: 1985 Building Area Total: 2713 Construction Materials: Frame, Log, Wood Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No

Lot Information

Lot Dimensions: 208X512 Main Square Feet: 1.47 Acres Lot Size Acres: 1.47 Lot Description: Irregular Lot

Listing Price Information

Listing Price: $570000 Cash, Conventional

Tax Information

Parcel Number: 67.-1-64.2 Annual Tax: $8774

Parking Information

Gravel

School Information

Elementary School: Caroline Elementary

Junior High School: Dewitt Middle

Senior High School: Ithaca Senior High
Utility Information

Cable Available, Electricity Connected
Location Information

Direction: From East Hill Plaza, take Ellis Hollow Road, just past Hungerford on the right (before Quarry) WaterSource: Well

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Ithaca Board of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ithaca Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 06/19/2026 @ 14:41

MLS: R1668595 LISTED BY: Christine Delvecchio, Warren Real Estate of Ithaca Inc. 607-257-0666 SOURCE: Ithaca Board of REALTORS