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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

Homecoin.Com

888-400-2513

Last updated:

October 10, 2026, 02:54 PM

MLS#

B1714561

Source:

NY GENRIS

About This Home

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.

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1940

Price Summary

379,000

$138 per Sq. Ft.

MLS #:

B1714561

Last Updated:

October 10, 2026, 02:54 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,739 Sq. Ft.


Structure

Structure

Architectural Style:

Detached, Duplex

Building Area:

2,739 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

78,408


Finances & Disclosures

Finances

Price:

$379,000

Price per Sq. Ft:

$138 per Sq. Ft.

Source:NY GENRIS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.