For Sale

Listed by Jonathan Minerick from Homecoin.com

Source: Western New York Real Estate Information Service #B1714561

193 Upper Creek Road, Dryden, NY, 13068

$379,000

6
2
2
2739 sq. ft.
71874 sq. ft.

MultiFam

•

What's around 193 Upper Creek Road

About this property

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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