Building Details

Building Size 2,016 SF

Year Built 1920

Stories 2

Units 2

Listing Agency: EXP Realty

Listed By: Nathan Frederico · License #RS364138 Show Phone

Source: Elliman

Added: Oct 9 Changed: Oct 13 Last Checked: Oct 14 at 11:22PM

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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two separate residences. The lower unit has three bedrooms and one bathroom and is occupied. Upstairs, the second unit has two bedrooms and one bathroom. Both residences have views of Hamlin Lake, and the property is described as well maintained.

Key Highlights

• Two‑unit duplex built in 1920
• Lower residence has 3 bedrooms and 1 bathroom; currently occupied
• Upper residence has 2 bedrooms and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Dental Office Parking Lot & Garage Real Estate Agency HVAC Service Electrical Service

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

217

Businesses Nearby

Explore this area Business Placement

Demographics for 16749, PA

3,852

Population

2,150

Households

1.8

Avg Household Size

48

Median Age

21%

College-Educated

95%

High-School Grad

185.7 sq mi

ZIP Area

21

Density / Sq Mi

$70,114

Median Household Income

$42,545

Median Earnings

$782

Median Rent

$115,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two residences offer distinct bedroom layouts, and each has views of Hamlin Lake.

Where is this duplex located?

The property is located at 408 W Water St Smethport, PA.

What is the asking price?

The asking price for this property is $85,000.

What are key features of this property?

This property features: Two‑unit duplex built in 1920; Lower residence has 3 bedrooms and 1 bathroom; currently occupied; Upper residence has 2 bedrooms and 1 bathroom