Dana Robyn Chubb
Licensed Real Estate Salesperson, PSA
PSA, REALTOR®
Delhi, NY
Office: (607) 746-7400 (518) 522-6779
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193-195 Upper Creek Road, Freeville, NY 13068

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Property Description

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.

193-195 Upper Creek Road | MLS# B1714561

This multi-family property located at 193-195 Upper Creek Road, Freeville, NY 13068 is currently listed for sale with an asking price of $379,000. 193-195 Upper Creek Road is located within the Dryden school district. Search Freeville real estate on dana-chubb.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Garage: 2
Heating: Electric, Propane, Baseboard, Forced Air
Home Style: Detached, Duplex
Lot Size: 1.80 Acres
Roof Type: Metal, Shingle
Stories: 2.0
Taxes: $7,686
Year Built: 1940

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 22
Exterior: Other, Vinyl Siding
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Irregular Lot, Other, See Remarks
Lot Dimensions: 552X148
Parcel#: 502489-040-000-0001-045-002-0000
Parking: Garage, Gravel, Parking Available, Two or More Spaces, Garage Door Opener
Parking Notes: Garage, Gravel, Parking Available, Two or More Spaces
Sewer: Septic Tank
Units: 2
Utilities: High Speed Internet Available
Water: Well

Local Schools

High School: Dryden High
Middle School: Dryden Middle
Elementary School: Dryden Elementary
School District: Dryden

Estimate Your Payment

Estimated Payment

$ 1,594.53 per month $843.49 Principal & Interest $640.50 Property Tax $110.54 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Homecoin.com
Agency Contact: 888-400-2513

Shown By

Agent Name: Dana Robyn Chubb
Agent Phone: (518) 522-6779
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 10/09/2026. The listing information on this page last changed on 10/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/09/2026 12:03:04 AM EST) or Global MLS (last updated Thu 10/08/2026 11:52:30 PM EST) or New York State Alliance MLS (last updated Thu 10/08/2026 11:59:04 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 10/09/2026 12:01:17 AM EST) or OneKey MLS (last updated Fri 10/09/2026 12:00:25 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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