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408 W Water Street, 
Smethport, PA 16749

$85,000

5

Beds

2

Baths

2,016

Sq Ft

Multi-Family

Pending

Listed by

Nathan Frederico

eXp Realty

888-397-7352

Last updated:

November 10, 2026, 08:47 AM

MLS#

R1720672

Source:

NY GENRIS

About This Home

408 W Water Street

A well-kept two-unit property overlooking Hamlin Lake, this versatile investment offers both comfort and opportunity. Live in one, rent the other — the layout is ideal for an owner-occupant or anyone looking to add steady income to their portfolio. The downstairs unit features a spacious 3-bed, 1-bath floor plan and is currently occupied, providing immediate rental income. The upstairs unit includes 2 bedrooms and 1 bath, offering a bright, comfortable space with the same scenic lake views. Both units are well maintained, and the peaceful setting adds to the appeal for tenants and owners alike. Whether you’re starting out or expanding your investments, this property delivers flexibility in a beautiful location.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1920

Price Summary

85,000

$42 per Sq. Ft.

MLS #:

R1720672

Last Updated:

November 10, 2026, 08:47 AM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,016 Sq. Ft.

Structure

Structure

Architectural Style:

Duplex

Building Area:

2,016 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

4,792

Finances & Disclosures

Finances

Price:

$85,000

Price per Sq. Ft:

$42 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.