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202 Main Street Newfield, NY 14867

View on Map
For Sale
Under Contract
$299,000

MULTI_FAMILY - Other - Newfield, NY

Property size:
2,717 SF
Lot size:
0.24 Acres
Added:
Feb 23, 2026
Days on Market:
38
Last Refresh:
Apr 2 at 2:06 am

Property Features for 202 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Basement, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
On Street
Exterior features
PropaneTankLeased
Appliances
ElectricWaterHeater, GasWaterHeater
Standard status
Active Under Contract
APN
503400-013-000-0003-018-001-0000
Size
2,717 SF
Lot size
0.24 Acres

Taxes and HOA fees

TaxAnnualAmount
4464

Utilities

Heating system
Electric (Heating), Natural Gas, Baseboard, Forced Air
Water source
Public

Building Details

Year built
1895
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Laminate, Carpet, Varies
Building materials
BlownInInsulation, VinylSiding
Roof type
Asphalt
Architectural style
Other

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Listing Contact
Grace Petrisin

Listing agent Grace Petrisin License #10401252123

Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY

Listing date Feb 23, 2026

MLS# R1663088

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Four-Unit Multifamily Property

This well-maintained multifamily property, featuring a historic building filled with character and architectural charm, presents an exceptional investment opportunity. The property contains four apartments, each equipped with separate utilities, enabling tenants to manage their own heat and electric expenses. This arrangement offers a significant advantage for expense control and predictable ownership costs. The building has a history of long-term tenants and minimal vacancy over the past 20 years. One of the apartments was completely remodeled, blending modern updates with the property's historic appeal. The property, situated on a 0.24-acre lot, offers a turnkey investment with reliable cash flow. The building size is 2717 square feet. This income-producing property has a history of consistent performance.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Kitchen & Bath Showroom Daycare Center HVAC Service Restaurant Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newfield
County
Tompkins
State
New York
Longitude
-76.591807
Latitude
42.361708

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property with long-term tenants and separate utilities.
Where is this quadplex located?
The property is located at 202 Main Street Newfield, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Proven income‑producing property with a 20+ year history of consistent performance and minimal vacancy.; Four apartments with separate tenant‑paid utilities (heat and electric) for predictable ownership costs.; Turnkey investment with excellent financials and reliable cash flow.
More about this property
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