202 Main Street Newfield, NY 14867
Listing by: NYS ALLIANCE / Warren Real Estate / Grace Petrisin - Contact:  607-592-9335

  202 Main Street Newfield, NY 14867

Active
$320,000 (USD)
5
BED
4
BATH
2,717
SQFT

Description

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.

MLS #:
R1663088
Taxes
$4,464
Lot Size
10,454 SQFT
Type
Multifamily
Year Built
1895
Style
Fourplex
School District
Newfield
County
Tompkins County

Listed By

Grace Petrisin, Warren Real Estate, Contact: 607-592-9335
Source
NYS ALLIANCE
Last checked Feb 23 2026 at 9:37 PM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
  • See Remarks
  • Other
  • Electric Water Heater
Lot Information
  • Other
  • See Remarks
  • Rectangular
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Electric
  • Baseboard
  • Forced Air
Basement Information
  • Full
  • Walk-Out Access
Flooring
  • Carpet
  • Varies
  • Hardwood
  • Laminate
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Cable Available, Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected, High Speed Internet Available
  • Sewer: Connected
School Information
  • Elementary School: Newfield Elementary
Parking
  • On Street
Stories
  • 2
Living Area
  • 2,717 sqft
Additional Information: Ithaca Downtown Office | 607-592-9335

Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Warren Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/23/26 13:37