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193-195 Upper Creek Road, Freeville, NY 13068

Freeville
Local realty services provided by:CENTURY 21 Turner Brokers
193-195 Upper Creek Road,Freeville, NY 13068
$379,000
  • 6 Beds
  • 2 Baths
  • 2,739 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan minerick
Office: homecoin.com
MLS#:B1714561
Source:NY_GENRIS

Price summary

  • Price:$379,000
  • Price per sq. ft.:$138.37

About this home

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.

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Home facts

  • Year built:1940
  • Listing ID #:B1714561
  • Added:45 day(s) ago
  • Updated:October 31, 2026 at 08:36 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Hardwood, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full, Walk Out Access
  • Living area:2,739 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air, Propane

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1940
  • Building area:2,739 sq. ft.
  • Lot area:1.8 Acres
  • Lot Features:Irregular Lot
  • Architectural Style:Detached, Duplex
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Schools

  • High school:Dryden High
  • Middle school:Dryden Middle
  • Elementary school:Dryden Elementary

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$379,000
  • Price per sq. ft.:$138.37
  • Tax amount:$7,686

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:Garage, Garage Door Opener, Gravel Driveway, Parking Available
  • Garage:Yes
  • Garage spaces:2

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