$369,000

211 Main St Newfield Hamlet, NY 14867

Estimated payment $2,410/month

Total Views 1,250
5 Beds
-- Bath
3,820 Sq Ft
$97 Price per Sq Ft

Highlights

  • Wood Flooring
  • Accessible Doors
  • Wood Siding
  • Corner Lot
  • Forced Air Heating System

About This Home

Excellent investment opportunity, one parcel with two separate residential buildings and a total of five units. The primary two story home is divided into four individual one bedroom apartments, each with its own private entrance. In addition, a standalone one bedroom bungalow sits separately on the property, providing an additional rental unit. This setup allows for strong rental income, flexible occupancy options, or the ability to live in one unit while leasing the others. A rare chance to own a well positioned income property with versatility, stable return potential, and room to elevate value over time.

Listing Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 03/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1860

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 99x131
  • Corner Lot
  • Rectangular Lot

Home Design

  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 3,820 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • No Garage
  • Driveway

Accessible Home Design

  • Accessible Doors

Schools

  • Newfield Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 503400-014-000-0001-003-000-0000

Community Details

Overview

  • Association fees include all utilities, heat, hot water, water
  • 5 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Operating Expense $7,137
  • Gross Income $66,600
  • Net Operating Income $53,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,623

Year Built

Built in 1860

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.32
  • Lot Size: 99X131
  • Road Frontage Type: Main Thoroughfare
  • Directions: from Ithaca - 13 S, to 211 Main Street, Newfield
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing Unknown
  • Year Built: 1860
  • Property Sub Type Additional: Commercial,Other
  • Attribution Contact: 607-592-0474
  • Special Features: None
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Propane Water Heater, Refrigerator, Washer
  • Owner Pays: All Utilities, Heat, Hot Water, Water
  • Accessibility Features: Accessible Doors
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Varies
  • Living Area: 3820.0
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Propane Tank - Leased
  • Property Condition: Resale
  • Roof: Asphalt, Metal

Garage/Parking

  • Parking Features: One and One Half Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: All Utilities, Heat, Hot Water, Water

Schools

  • Elementary School: Newfield Elementary
  • Junior High Dist: Newfield

Lot Info

  • Parcel #: 503400-014-000-0001-003-000-0000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 66600.0
  • Property Net Operating Income: 53840.0
  • Annual Operating Expense: 7137.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5623.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2026 03/16/26 For Sale $369,000 -- $97 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1662831

New York Tompkins County Newfield 14867

211 Main St, Newfield, NY

For Sale

MultiFamily

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Jill Burlington
Listing Agent
Jill Burlington
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Warren Real Estate of Ithaca Inc.
(607) 364-9509
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