Live in Fall Creek and enjoy a rare opportunity to own a 7-bedroom, 3-bathroom home where rental income covers your property taxes, helps pay part of your mortgage AND is not in the new flood zone! The 1st floor 3-bedroom, 1-bath apartment has generated steady income for the sellers, who owner occupied the upstairs residence for the past 13 years, making this an ideal setup for owner-occupants or investors alike. This spacious, multi-level home offers three full floors of living just blocks from downtown Ithaca, blending charm, flexibility, and financial potential. The upper residence, spread across the second and third floors, features 4 bedrooms, 2 full baths, 2 kitchens, hardwood floors, a serene private sundeck with a wooded backdrop, and a patio — perfect for entertaining or relaxing. The first-floor apartment is especially popular with graduate students. With fresh exterior paint, easy access to Cascadilla Gorge Trail, nearby bus stop and close proximity to Cornell University, this home is ideally located. Additional features include a private driveway, an outbuilding perfect for storage or a home office, and a quiet yard ideal for play or gardening. Why pay property taxes when your investment can pay them for you?