Courtesy: Warren Real Estate of Ithaca Inc.
607-257-0666
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.
Newfield is located in New York. Newfield, New York has a population of 5,175. Newfield is less family-centric than the surrounding county with 18.32% of the households containing married families with children. The county average for households married with children is 26.46%.
The median household income in Newfield, New York is $62,607. The median household income for the surrounding county is $64,260 compared to the national median of $69,021. The median age of people living in Newfield is 45.8 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 38.8 inches per year, with 63 inches of snow per year.
