Active

3 Pearl Street

Newfield, NY 14867
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt1,921

Sqft

Acres0.20

Acre(Lot)

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 shor t 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. 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $267,300

AD Id : 85530171

MLS Id : R1689623

Beds : 4

Lot Size : 0.20 Acre

Living Area Size : 1,921

Year Built : 1900

County : Tompkins

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Flooring Information

    Carpet, Laminate, Varies, Vinyl
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Other, See Remarks, Forced Air, Natural Gas Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1900 Building Area Total: 1921 Construction Materials: Frame, Stucco, Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 43X171 Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Size Square Feet: 8712 Lot Description: Near Public Transit, Rectangular Lot

  • Listing Price Information

    Listing Price: $267300 Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 503400-014-000-0002-026-000-0000 Tax Lot: 26 Annual Tax: $468

  • School Information

    Elementary School: Newfield Elementary
    Junior High School: Newfield Middle
    Senior High School: Newfield Senior High
  • Utility Information

    Sewer Connected, Water Connected, Electricity Connected
  • Location Information

    Direction: Right off main street in Newfield. Parallel to Shaffer. Downtown, side street. WaterSource: Public
Sell a home like this and save $15,539 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
51 Shelter Valley Road, Newfield, NY, 14867 $235,000 5 3 2,056 2,056 SqFt
10 Shaffer Road, Newfield, NY, 14867 $310,000 4 -- 4,512 4,512 SqFt
15-19 Pearl Street, Newfield, NY, 14867 $225,000 4 3 1,419 1,419 SqFt
202 Main Street, Newfield, NY, 14867 $299,000 5 4 2,717 2,717 SqFt
211 Main Street, Newfield, NY, 14867 $369,000 4 4 3,820 3,820 SqFt
211 Main Street, Newfield, NY, 14867 $369,000 5 -- 3,820 3,820 SqFt
728 Millard Hill Road, Newfield, NY, 14867 $400,000 8 4 3,360 3,360 SqFt
10 Sebring Road, Newfield, NY, 14867 $159,900 2 2 1,164 1,164 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Ithaca Board of REALTORS®, Inc. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Ithaca Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 08:43

MLS: R1689623 LISTED BY: Brian DeYoung, Berkshire Hathaway HomeServices Heritage Realty 607-428-0708 SOURCE: Ithaca Board of REALTORS

Homes around $267,300

Selling? Save $15,539 when you sell a home like this

Tour with a ByOwner Agent