275-301 Johnson Road, Freeville, NY 13068
Local realty services provided by:ERA Team VP Real Estate
Listed by: karen eldredge
Office: howard hanna s tier inc
MLS#:R1706737
Source:NY_GENRIS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$166.69
About this home
Start or grow your investment portfolio with this well-established 14-unit, 28 bedroom residential rental property, offering strong rental income, a solid occupancy history and an attractive investment opportunity. The portfolio consists of four triplexes and one duplex situated across four contiguous tax parcels, all being offered together as one package. Each of the 14 apartments features two bedrooms and convenient single-level living. These well-cared-for units have proven easy to rent, with many long-term tenants and a history of consistent demand. Numerous units have been updated over time with newer flooring, kitchen improvements and other enhancements, reflecting the owners' ongoing attention to maintenance and upkeep. Conveniently located between Ithaca and Dryden, the property combines accessibility with an appealing country setting. The buildings are set well back from the road, providing tenants with a sense of peace and privacy. Spacious, nicely landscaped grounds offer large yards, room to enjoy the outdoors and ample off-street parking. The duplex units provide additional amenities with attached garages and generous private decks. The buildings and grounds have been continually cared for, creating an attractive rental environment that has contributed to the property's strong occupancy history and tenant retention. With 14 income-producing units, established rental performance and the efficiencies of multiple units in one location, this portfolio offers the potential for a strong return on investment from day one. There may also be potential for additional units to be developed, subject to municipal approvals and applicable zoning. A substantial, established rental portfolio in a convenient location, offering 14 income-producing units in one acquisition with steady, strong rental income....
Contact an agent
Home facts
- Year built:1990
- Listing ID #:R1706737
- Added:62 day(s) ago
- Updated:October 28, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:28
- Total bathrooms:14
- Full bathrooms:14
- Flooring:Carpet, Laminate, Varies, Vinyl
- Basement:Yes
- Basement Description:Crawl Space
- Living area:11,968 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1990
- Building area:11,968 sq. ft.
- Lot area:10.08 Acres
- Lot Features:Irregular Lot
- Architectural Style:Duplex, Triplex
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Deck, Porch
- Levels:1 Story
Schools
- Elementary school:Freeville Elementary
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$166.69
- Tax amount:$26,697
Features and amenities
- Laundry features:Washer Hookup
- Amenities:Deck, Skylights
Parking
- Parking description:Common
New listings near 275-301 Johnson Road
- New
$282,000Active2 beds 1 baths1,040 sq. ft.431 Beam Hill Road, Freeville, NY 13068
MLS# R1724565Listed by: WARREN REAL ESTATE OF ITHACA INC. - New
$398,000Active3 beds 2 baths1,680 sq. ft.348 W Dryden Road, Freeville, NY 13068
MLS# R1724110Listed by: HOWARD HANNA S TIER INC - Open Sun, 10am to 12pmNew
$499,000Active4 beds 3 baths2,432 sq. ft.218 Yellow Barn Road, Freeville, NY 13068
MLS# S1721693Listed by: YAMAN REAL ESTATE - New
$525,000Active7 beds -- baths4,561 sq. ft.2-4 Main Street, Freeville, NY 13068
MLS# R1723506Listed by: WARREN REAL ESTATE OF ITHACA INC.
$179,000Active3 beds 1 baths1,180 sq. ft.10 Fall Creek Road, Freeville, NY 13068
MLS# R1720091Listed by: RE/MAX IN MOTION
$179,000Active3 beds 1 baths1,180 sq. ft.25 Cook Street, Freeville, NY 13068
MLS# R1720092Listed by: RE/MAX IN MOTION
$69,000Active3 beds 2 baths26 Bell Lane, Freeville, NY 13068
MLS# S1721248Listed by: YAMAN REAL ESTATE
$70,000Active3 beds 2 baths1,216 sq. ft.63 Bell Ln, Freeville, NY 13068
MLS# S1696706Listed by: YAMAN REAL ESTATE
$725,000Active4 beds 3 baths2,768 sq. ft.956 W Dryden Road, Freeville, NY 13068
MLS# R1719380Listed by: HOWARD HANNA S TIER INC
$119,900Active8.03 AcresWood Road, Freeville, NY 13068
MLS# R1720298Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN)