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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 202 Main Street, Newfield, NY 14867
IN ESCROW
$21,000
$299,000

202 Main StreetNewfield, NY, 14867

5 Beds4 Baths2,717 SqFt0.24 Acres
Exceptional investment opportunity in a stunning historic building filled with timeless character and architectural charm. This well-maintained property features four apartments, each with separate utilities, allowing tenants to pay their own heat and electric — a major advantage for expense control and predictable ownership costs. The building boasts an outstanding rental history, with long-term tenants and almost no vacancy in over 20 years, reflecting strong demand and attentive ownership. Apartment #4 was completely gutted and thoughtfully remodeled, blending modern updates with the property’s historic appeal. With excellent financials and a proven track record of stability, this turnkey investment offers reliable cash flow and minimal management stress. Be sure to view the virtual tours to fully appreciate the layout, updates, and character of each unit. A rare opportunity to own a proven, income-producing property with decades of consistent performance.
1 / 35

Est. Monthly

$1,417/mo

$299,000
$21,000

202 Main Street, Newfield, NY

5 Beds4 Baths2,717 SqFt0.24 Acres

Exceptional investment opportunity in a stunning historic building filled with timeless character and architectural charm. This well-maintained property features four apartments, each with separate utilities, allowing tenants to pay their own heat and electric — a major advantage for expense control and predictable ownership costs. The building boasts an outstanding rental history, with long-term tenants and almost no vacancy in over 20 years, reflecting strong demand and attentive ownership. Apartment #4 was completely gutted and thoughtfully remodeled, blending modern updates with the property’s historic appeal. With excellent financials and a proven track record of stability, this turnkey investment offers reliable cash flow and minimal management stress. Be sure to view the virtual tours to fully appreciate the layout, updates, and character of each unit. A rare opportunity to own a proven, income-producing property with decades of consistent performance.

StatusIn Escrow
Property TypeResidential
Property SubtypeMulti Family
Year Built1895
Days on Market89 days

Est. Monthly Payment

$1,417.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

202 Main Street

Newfield, NY 14867 • Tompkins
5
Beds
4
Baths
2,717
SqFt
0.24
Acres
Status
In Escrow
Property Type
Residential
Property Subtype
Multi Family
Year Built
1895131 years ago
Days on Market
89 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $4,464
Property History
  • Price reduced
    Mar 13, 2026 • NYSAMLS • R1663088
    $320,000 → $299,000
  • Listed for sale
    Feb 23, 2026 • NYSAMLS • R1663088
    $320,000
Mortgage Calculator
Estimated monthly payment for this property
$1,417.25
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1663088
  • Listing Office
    Warren Real Estate of Ithaca Inc. (Downtown)
  • Last Updated
    59 days ago

Appliances

  • Appliances
    • Electric Water Heater
    • Gas Water Heater

Climate & Systems

  • Heating
    • Electric
    • Gas
    • Baseboard
    • Forced Air

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Laminate
    • Varies
  • Basement
    • Full
    • Walk Out Access
  • Interior Features
    • Other
    • See Remarks

Parking

  • Parking Features
    On Street

Lot & Grounds

  • Lot Size
    0.24 acres
  • Lot Features
    • Other
    • Rectangular
    • Rectangular Lot
    • See Remarks
  • Exterior Features
    Propane Tank Leased

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Fourplex

Structure

  • Construction
    • Blown In Insulation
    • Vinyl Siding
  • Roof
    Asphalt

Condition

  • Year Built
    1895
  • Condition
    Resale
  • Days on Market
    89 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Cable Available
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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