275-301 Johnson Road, Dryden, New York image 1
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275-301 Johnson Road

Dryden, NY 13068
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$1,995,000 $8,411/Mo
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Bed 14

Bed

Bath 0

Bath

SqFt11,968

Sqft

Acres10.08

Acres(Lot)

Start or grow your investment portfolio with this well-established 14-unit, 28 bedroom residential rental property, offering strong rental income, a solid occupancy history and an attractive investment opportunity. The portfolio consists of four triplexes and one duplex situated across four contiguous tax parcels, all being offered together as one package. Each of the 14 apartments features two bedrooms and convenient single-level living. These well-cared-for units have proven easy to rent, with many long-term tenants and a history of consistent demand. Numerous units have been updated over time with newer flooring, kitchen improvements and other enhancements, reflecting the owners' ongoing attention to maintenance and upkeep. Conveniently located between Ithaca and Dryden, the property co mbines accessibility with an appealing country setting. The buildings are set well back from the road, providing tenants with a sense of peace and privacy. Spacious, nicely landscaped grounds offer large yards, room to enjoy the outdoors and ample off-street parking. The duplex units provide additional amenities with attached garages and generous private decks. The buildings and grounds have been continually cared for, creating an attractive rental environment that has contributed to the property's strong occupancy history and tenant retention. With 14 income-producing units, established rental performance and the efficiencies of multiple units in one location, this portfolio offers the potential for a strong return on investment from day one. There may also be potential for additional units to be developed, subject to municipal approvals and applicable zoning. A substantial, established rental portfolio in a convenient location, offering 14 income-producing units in one acquisition with steady, strong rental income.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,995,000

AD Id : 90500954

MLS Id : R1703107

Beds : 14

Lot Size : 10.08 Acres

Living Area Size : 11,968

Year Built : 1990

County : Tompkins

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Feature Features

  • Bedroom Information

    Total beds: 14

    Room Information

    Basement: Crawl Space

  • Flooring Information

    Carpet, Laminate, Varies, Vinyl

  • Roofing Information

    Shingle

  • Interior Features

    Ceiling Fan(s) Roof: Shingle Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator Laundry Features: Washer Hookup Window Features: Skylight(s)

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1990 Building Area Total: 11968 Construction Materials: Frame, Vinyl Siding Stories: 1 Patio And Porch Features: Deck, Covered, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 695X624 Main Square Feet: 10.08 Acres Lot Size Acres: 10.08 Lot Size Square Feet: 136343 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $1995000 Cash, Conventional

  • Tax Information

    Parcel Number: 502489-039-000-0001-028-113-0000 Annual Tax: $26697

  • School Information

    Elementary School: Freeville Elementary
    Junior High School:
    Senior High School: Dryden High

  • Location Information

    Direction: Route 13 North from Ithaca. Left on Johnson Road. Properties are on the right. Park in lot near Country Meadow sign. WaterSource: Well
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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
232-240 Wood Road, Dryden, NY, 13068 $285,000 6 4 1,624 42.23 Acres

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Ithaca Board of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ithaca Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 09/01/2026 @ 08:17

MLS: R1703107 LISTED BY: Karen Eldredge, Howard Hanna S Tier Inc 607-257-0800 SOURCE: Ithaca Board of REALTORS

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