Active
3 Pearl Street, Newfield NY 14867
MLS# R1689623
$267,300
Price
4
Beds
2
Baths
1,921
Living Area (Sq.Ft.)
0.2
Lot Area (Acres)
$267,300
Price
4
Beds
2
Baths
1,921
Living Area (Sq.Ft.)
0.2
Lot Area (Acres)
Investment opportunity in the heart of Newfield! This side-by-side duplex offers two spacious 2-bedroom, 1-bath units and is being sold as a package with neighboring 5 Pearl Street, creating an excellent opportunity for investors seeking immediate cash flow and long-term upside. Unit 1 is currently vacant and has historically rented for $1,200/month, featuring a charming fireplace, large living areas, and strong rental appeal. Unit 2 is occupied and generates $1,000/month in rental income. Each unit has its own furnace, allowing for separate heating systems and simplified property management. Located within walking distance of Newfield schools, the library, park, banking, shopping, and other downtown amenities, this property offers the convenience tenants desire while remaining just a short drive from Ithaca, Cornell University, and Ithaca College. Recent interior improvements include updated flooring, matching interior doors, attractive windows, and spacious open-concept living and dining areas. Easy walking distance Covered Bridge Market. <br> <br>Please note: Both buildings are situated on the tax parcel associated with 5 Pearl Street. The tax parcel for 3 Pearl Street is vacant land. Package sale with 5 Pearl Street required. A rare opportunity to acquire two income-producing properties in one convenient location.
Status
Active
Property Type
Residential
Property Sub Type
Duplex
Year Built
1900
Parcel Number
503400-014-000-0002-026-000-0000
Unit Number
--
Structure Type
Duplex
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
43X171
Stories
2
Bath Rooms Full
2
Property Condition
Resale
Elementary School
Newfield Elementary
Elementary School District
Newfield
Middle Or Junior School
Newfield Middle
Middle Or Junior School District
Newfield
High School
Newfield Senior High
High School District
Newfield
Location
Listing Agent
Brian DeYoung
Listing Office
Berkshire Hathaway HomeServices Heritage Realty
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, F H A
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-06-19
Owner Pays
Grounds Care
Rent Includes
Common Area Maintenance
Tenant Pays
AllUtilities
Fire Places Total
1
Flooring
Carpet, Laminate, Varies, Vinyl
Fire Place
true
Cooling Features
Other,SeeRemarks
Heating
true
Heating Features
Gas, Other, See Remarks, Forced Air
Appliances
See Remarks, Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Duplex
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt, Pitched
Utilities
Electricity Connected, Sewer Connected, Water Connected
Parking Features
Two Or More Spaces
Foundation Details
Stone,Slab
Construction Materials
Frame, Stucco, Vinyl Siding
Patio And Porch Features
Covered, Porch
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.