



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.
| Type | School name | District name |
|---|---|---|
| High | Dryden High | Not available |
| Not available | Not available | Not available |
| Elementary | Dryden Elementary | Not available |
| Not available | Not available | Not available |
| Middle | Dryden Middle | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Dryden Middle | Not available |
| Not available | Not available | Not available |
Email enquiry to Homecoin.com
Property ID: 110110191670
Original Property ID: 3yd-BNARNY-B1714561