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Turn-Key 4-Unit Apartment Building
For Sale
$359,000

133 MAIN ST, Spencer, NY 14883

Renovated 4-unit apartment building with updates including kitchens, baths, windows, doors, appliances, and decks.

Property Size3,144 SF
Price / SF$114.19
Days on Market170

Property Features for 133 MAIN ST

General Information

Standard status Active
Size 3,144 SF
Property subtype Other

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,594

Amenities

Electric, A/C - Zone
Partial
3
Laminate
Deck, Open, Porch
Deck.
Shared Driveway, Gravel.
Frame
382X570
Deck-Covered.

Building Details

Year Built 1860
Stories 2
Tenancy Multi
Listing Agency: Howard Hanna S Tier Inc
Listed By: Joseph Giordano
Source: Xome
Added: Feb 24 Changed: Aug 12 Last Checked: Aug 12 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna S Tier Inc

Investment Insights

Based on property information with market context.

This turn-key 4-unit apartment building was built in 1860 and has been renovated from top to bottom. Improvements mentioned include new kitchens, bathrooms, appliances, windows, doors, and decks, providing a refreshed interior and exterior look while maintaining the building’s historical character.

The property sits on almost 5 acres of land in a village environment where residents can walk to nearby shopping, and it offers an easy commute to Ithaca, Elmira, and Owego.

A portion of the back acreage is located in a 100-year floodplain. The listing agent was told by an insurance company that flood insurance would not be necessary to obtain a mortgage, but the buyer is asked to verify.

Key Highlights

  • Renovated 4‑unit apartment building built in 1860
  • Updates include new kitchens, bathrooms, appliances, windows, doors, and decks
  • Corner lot with private yard and open porch/deck areas

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 14883, NY

3,998
Population
2,062
Households
1.9
Avg Household Size
42
Median Age
30%
College-Educated
94%
High-School Grad
72.6 sq mi
ZIP Area
55
Density / Sq Mi
$62,431
Median Household Income
$40,928
Median Earnings
$980
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Renovated 4-unit apartment building with updates including kitchens, baths, windows, doors, appliances, and decks.
Where is this quadplex located?
The property is located at 133 MAIN ST Spencer, NY.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Renovated 4‑unit apartment building built in 1860; Updates include new kitchens, bathrooms, appliances, windows, doors, and decks; Corner lot with private yard and open porch/deck areas
More about this property
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