107 E Spencer St

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

Investor Opportunity: Vacant Duplex with Immediate Rental Income Potential!

Don’t miss this rare chance to acquire a partially renovated 4-bedroom, 2-bath duplex in a prime Ithaca location. With one unit move-in ready and the other mid-renovation, this property offers immediate cash flow plus significant upside for investors ready to finish the second unit.

_________________________________

Property Highlights:

Duplex Layout: Two units, each with 2 bedrooms and 1 bathrooms, ideal for rental flexibility.
Downstairs Unit: Fully renovated and ready for tenants, with strong rental demand.
Upstairs Unit: Mid-renovation; requires sheetrock, stair railing, paint, and electrical work. Materials are mostly on-site—perfect for an investor looking to add value and increase rental income.
Vacant & Investor-Ready: Owner motivated for a direct cash sale, no realtor involved, quick closing possible.
Rental Potential: Downstairs unit generating immediate income, upstairs unit adds upside once completed.
Location Advantage: High-demand Ithaca neighborhood ensures strong tenant occupancy and long-term appreciation.
Why This Duplex Will Sell Fast:

Immediate Income: Downstairs unit is ready for tenants.
Value-Add Potential: Upstairs unit completion allows for higher rents and strong ROI.
Prime Ithaca Location: Walking distance to downtown and key amenities.
Summary:
This vacant duplex is a rare investment opportunity in Ithaca for landlords or investors seeking cash flow today and upside tomorrow. With one unit ready and the other offering a value-add, this property is positioned for a fast acquisition and immediate income potential.

Need Financing

Get instant loan quote
 

⚠️ Important Notice: OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.

Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get instant loan quote and pre-approval for this listing. Start exploring deals now!