$235,000

7206 S South Main Ovid, NY 14850

Estimated payment $1,554/month

Total Views 1,006
6 Beds
4 Baths
3,780 Sq Ft
$62 Price per Sq Ft

About This Home

Discover an easy-to-own, easy-to-maintain multi-family gem in the heart of the Finger Lakes region. This centrally located property features three unique rental units, all-electric utilities (no gas or furnace maintenance required), and long-term tenants who love the convenience and charm of this lovely small town. Situated on a spacious quarter-acre lot, it offers off-street parking, a nice yard, and a walkable location close to the local diner, shops, restaurants, bank, library, healthcare, and more. Recent updates include a major kitchen remodel and a roof replacement in 2024, ensuring minimal upkeep. An excellent income producer with steady demand? This property is perfect for investors seeking a hassle-free rental in a vibrant and desirable area.

Last Listed By

Bob Bari

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #10401392521 Listed on: 05/23/2025

Berkshire Hathaway HomeServices Heritage Realty

Map

Property Details

Home Type

Multi-Family

Year Built

1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size: 53X72
  • Directions: Downtown Ovid on Main St., across from Community Bank
  • Architectural Style: Triplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1880
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-428-0708
  • Special Features: None
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Grounds Care, Trash Collection, Water
  • Accessibility Features: Accessible Bedroom, No Stairs, Accessible Doors
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Bedroom on Main Level
  • Living Area: 3780.0
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Irregular Lot
  • Waterfront: No
  • Construction Type: Aluminum Siding, Attic/Crawl Hatchway(s) Insulated, PEX Plumbing
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Trash Collection, Water

Schools

  • Junior High Dist: South Seneca

Lot Info

  • Parcel #: 452801-002-000-0001-028-002-0000
  • Zoning Description: Residential Multi Use
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3
  • Annual Gross Income: 29400.0
  • Property Net Operating Income: 21783.0
  • Annual Operating Expense: 4700.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 2917.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $235,000 -- $62 / Sq Ft
Source: Ithaca Board of REALTORS®

Similar Home in Ovid, NY

  • 7134 Main St, Ovid, NY 14521

    $215,000

    • 5 Beds
    • 3 Baths
    • 2,012 Sq Ft
    • 7134 Main St
    • Ovid, NY

    Discover an easy-to-own, easy-to-maintain multi-family gem in the heart of the Finger Lakes region. This centrally located property features three unique rental units, all-electric utilities (no gas or furnace maintenance required), and long-term tenants who love the convenience and charm of this lovely small town. Situated on a spacious quarter-acre lot, it offers off-street parking, a nice

    Brian DeYoung Berkshire Hathaway HomeServices Heritage Realty

    Section Image

Source: Ithaca Board of REALTORS®

MLS Number: R1609275