193-195 Upper Creek Road
Dryden, NY 13068
6
Bed
2
Bath
2,739Sqft
1.80Acres(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Walk-Out Access -
Flooring Information
Carpet, Hardwood, Varies, Vinyl -
Roofing Information
Metal, Shingle -
Interior Features
High Speed Internet Roof: Metal, Shingle Appliances: Electric Water Heater, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Propane, Baseboard, Forced Air
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Building Information
Year Built: 1940 Building Area Total: 2739 Construction Materials: Other, Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 552X148 Main Square Feet: 1.8 Acres Lot Size Acres: 1.8 Lot Size Square Feet: 71874 Lot Description: Irregular Lot, Other, See Remarks
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Listing Price Information
Listing Price: $379000 Cash, Conventional
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Tax Information
Parcel Number: 502489-040-000-0001-045-002-0000 Tax Lot: 45 Annual Tax: $7686
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Parking Information
Garage, Gravel, Garage Door OpenerGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: Dryden ElementaryJunior High School: Dryden MiddleSenior High School: Dryden High -
Location Information
WaterSource: Private, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 275-301 Johnson Road, Dryden, NY, 13068 | $1,995,000 | 28 | 14 | 11,968 | 10.08 Acres |
| 275-301 Johnson Road, Dryden, NY, 13068 | $1,995,000 | 14 | -- | 11,968 | 10.08 Acres |
Similar Multifamily To 193-195 Upper Creek Road
Nearby For Sale
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ByOwner last updated this listing 09/23/2026 @ 18:16
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