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3 Pearl Street, 
Newfield, NY 14867

$267,300


4

Beds


2

Baths


1,921

Sq Ft


Multi-Family

Pending

Listed by

Brian Deyoung

Berkshire Hathaway HomeServices Heritage Realty

607-428-0708

Last updated:

August 10, 2026, 07:41 AM

MLS#

R1689623

Source:

NY GENRIS

About This Home

3 Pearl Street

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 rented thru summer 2027 and has historically rented for $1,200/month, featuring a charming fireplace, large living areas, and strong rental appeal. Unit 2 is also 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 to 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. 3 and 5 are both listed. Both are on the #5 tax parcel #. #3 MLS #1689623 #5 MLS # 168922

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1900

Price Summary

267,300

$139 per Sq. Ft.

MLS #:

R1689623

Last Updated:

August 10, 2026, 07:41 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,921 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

1,921 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$267,300

Price per Sq. Ft:

$139 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.