524 Hayts Rd Ithaca, NY 14850
Estimated payment $2,617/month
Highlights
- Deck
- Hydromassage or Jetted Bathtub
- Thermal Windows
- Boynton Middle School Rated A-
- Private Yard
- Skylights
About This Home
Excellent income-producing opportunity located in Ithaca. 524 Hayts Rd is a fully occupied three-unit property offering immediate and consistent cash flow. The main residence is complemented by a converted three-bay garage, configured into two additional rental units (one-bedroom apartment and studio). All three units are currently rented. The property features a circular driveway, providing convenient access and ample parking. Ideal for investors seeking a cash-flowing asset or owner-occupants looking to offset expenses. Strong in-place income with upside potential. Buyer to verify all property details, including any potential subdivision or land use considerations. Agent related to seller. Offer is contingent on subdivision.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,393
Year Built
- Built in 1990
Lot Details
- 7 Acre Lot
- Lot Dimensions are 345x842
- Rectangular Lot
- Private Yard
Parking
- 2 Car Garage
Home Design
- Triplex
- Poured Concrete
- Blown-In Insulation
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,678 Sq Ft Home
- 1-Story Property
- Woodwork
- Skylights
- Thermal Windows
- Attic or Crawl Hatchway Insulated
- Security System Owned
- Washer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
- Hydromassage or Jetted Bathtub
Basement
- Sump Pump
- Crawl Space
Accessible Home Design
- Accessible Bedroom
- Accessible Doors
Schools
- Enfield Elementary School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Air Source Heat Pump
- Heating System Uses Propane
- Heating System Powered By Owned Propane
- PEX Plumbing
- Well
- Electric Water Heater
- Water Softener is Owned
- Septic Tank
- High Speed Internet
- Satellite Dish
Additional Features
- Energy-Efficient HVAC
- Deck
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 502600-003-000-0002-018-000-0000
Community Details
Overview
- Association fees include common area maintenance, gardener, hot water, snow removal
- 3 Units
- Section 3 Subdivision
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- Gross Income $41,400
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,384 | $285,000 | $29,000 | $256,000 |
| 2024 | $7,384 | $285,000 | $29,000 | $256,000 |
| 2023 | $6,150 | $220,000 | $29,000 | $191,000 |
| 2022 | $4,974 | $190,000 | $29,000 | $161,000 |
| 2021 | $4,469 | $160,000 | $29,000 | $131,000 |
| 2020 | $4,109 | $160,000 | $29,000 | $131,000 |
| 2019 | $3,123 | $125,000 | $29,000 | $96,000 |
| 2018 | $3,016 | $104,000 | $29,000 | $75,000 |
| 2017 | $3,122 | $104,000 | $29,000 | $75,000 |
| 2016 | $3,160 | $104,000 | $29,000 | $75,000 |
| 2015 | -- | $104,000 | $29,000 | $75,000 |
| 2014 | -- | $104,000 | $29,000 | $75,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2026 04/07/26 | Price Changed | $380,000 | -3.8% | $142 / Sq Ft | |
| 02/23/2026 02/23/26 | Price Changed | $395,000 | -6.0% | $147 / Sq Ft | |
| 01/30/2026 01/30/26 | For Sale | $420,000 | +125.8% | $157 / Sq Ft | |
| 01/14/2020 01/14/20 | Sold | $186,000 | -5.6% | $119 / Sq Ft | View Prior Sale |
| 12/15/2019 12/15/19 | Pending | -- | -- | -- | |
| 08/27/2019 08/27/19 | For Sale | $197,000 | -- | $126 / Sq Ft |
Source: Ithaca Board of REALTORS®
MLS Number: R1657450
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Ask me questions while you tour the home.