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Kathleen White

kathy@centralnewyork.com +1(315) 723-7741

$ 379,000

Est. payment -/mo

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Open Sat 12PM-2PM

193-195 Upper Creek RD Freeville, NY 13068

6 Beds

2 Baths

2,739 SqFt

Open House

Sat Sep 19, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,739 sqft

Price per Sqft $138

MLS Listing ID B1714561

Style Detached,Duplex

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1940

Annual Tax Amount $7,686

Lot Size 1.800 Acres

Acres 1.8

Lot Dimensions 552X148

Property Sub-Type Multi Family

Property Description

Two detached homes on one lot. Turnkey, high-yield two-unit investment property. Both with income continuity generating a total of $4,200/month ($50,400 Gross Annual Income). Gross Rent Multiplier (GRM) of just 7.5. Both units feature 3 bedrooms and 1 bathroom. The properties are individually metered, tenants responsible for their own heat, electricity, and utilities. Many updated features including new roof, siding, flooring and appliances through. Established tenants are in place running throughout May 2027 and July 2027, offering immediate cash flow. Located within close proximity to Ithaca, Cornell University, and Ithaca College, ensuring a consistent local rental pool. Tax records state 1.63 acres. The seller and recent survey shows total area 1.8 acres.

Location

State NY

County Tompkins

Area Dryden-502489

Rooms

Basement Full, Walk-Out Access

Interior

Heating Electric, Propane, Baseboard, Forced Air

Flooring Carpet, Hardwood, Varies, Vinyl

Fireplace No

Appliance Electric Water Heater

Exterior

Garage Spaces 2.0

Utilities Available High Speed Internet Available

Roof Type Metal,Shingle

Garage Yes

Building

Lot Description Irregular Lot, Other, See Remarks

Story 2

Sewer Septic Tank

Water Well

Architectural Style Detached, Duplex

Level or Stories Two

Structure Type Other,Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Dryden Elementary

Middle Schools Dryden Middle

High Schools Dryden High

School District Dryden

Others

Senior Community No

Tax ID 502489-040-000-0001-045-002-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Homecoin.com 888-400-2513

NEARBY SCHOOLS & PROPERTIES

Kathleen White

Lic. RE Associate Broker License ID: 10301202581

+1(315) 723-7741

Kathleen White

193-195 Upper Creek RD Freeville, NY 13068

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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