About 193-195 Upper Creek Road
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.
Features of 193-195 Upper Creek Road
| MLS® # | B1714561 |
|---|---|
| Price | $379,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,739 |
| Square Footage | 71874 |
| Acres | 1.80 |
| Year Built | 1940 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Detached, Duplex |
| Status | Active |
Community Information
| Address | 193-195 Upper Creek Road |
|---|---|
| Area | Dryden |
| City | Dryden |
| County | Tompkins |
| State | NY |
| Zip Code | 13068 |
Amenities
| Utilities | High Speed Internet Available |
|---|---|
| Features | Irregular Lot, Other, See Remarks |
| Parking | Garage, Gravel, Parking Available, Two or More Spaces, Garage Door Opener |
| # of Garages | 2 |
| Garages | Garage, Gravel, Parking Available, Two or More Spaces, Garage Door Opener |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Electric Water Heater |
| Heating | Electric, Propane, Baseboard, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Walk-Out Access |
Exterior
| Exterior | Other, Vinyl Siding |
|---|---|
| Lot Description | Irregular Lot, Other, See Remarks |
| Roof | Metal, Shingle |
| Construction | Other, Vinyl Siding |
School Information
| District | Dryden |
|---|---|
| Elementary | Dryden Elementary |
| Middle | Dryden Middle |
| High | Dryden High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Homecoin.com |
|---|---|
| Contact Info | 888-400-2513 |