248 S Main St

3,058 Sq. Ft.
$85 / Sq. Ft.
3,058
Sq. Ft.
$85
per Sq. Ft.

Description

This well-maintained 3-unit property is a fantastic addition to any real estate portfolio. Located in a desirable area of Warsaw, NY, close to Letchworth State Park. The property is fully occupied by three long-term tenants, providing immediate and stable rental income. With rents currently below market, there’s strong upside potential for increased cash flow. Numerous updates have been completed, making this a low-maintenance, turnkey opportunity. Unit 1 – Front Unit (2 Bed / 1 Bath): Fully renovated...This well-maintained 3-unit property is a fantastic addition to any real estate portfolio. Located in a desirable area of Warsaw, NY, close to Letchworth State Park. The property is fully occupied by three long-term tenants, providing immediate and stable rental income. With rents currently below market, there’s strong upside potential for increased cash flow. Numerous updates have been completed, making this a low-maintenance, turnkey opportunity. Unit 1 – Front Unit (2 Bed / 1 Bath): Fully renovated and converted to a spacious residential apartment. All new electrical, plumbing, mini split system, and new windows. Unit 2 - Middle Unit (1 Bed / 1 Bath): Comfortable layout with a kitchen updated 4 years ago. Clean well-kept interior with modern finishes. Unit 3 - Rear Unit (1 Bed / 1 Bath): Includes a eat in kitchen, ample natural light, and efficient layout. Additional features include new tear-off completed 3 years ago, off street parking available at the rear of the property and separate entrances for each unit. Conveniently located near schools, shopping and local amenities. Investor highlights include: room to increase income, low maintenance, strong rental demand in the Wyoming County area and great option for investors or owner-occupants.
  1. Listed by Sunny K Rathod • Keller Williams Realty Lancaster
    P: (716)-324-2300 C: (585)-813-2445 sunnyrathod@kw.com
  2. Listed by Nikhil Rathod • WNY Metro Roberts Realty
    P: (716)-668-2500 C: (585)-409-4723 rathodsellswny@gmail.com

Property Details for 248 South Main Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Common, Gravel
Nearest Cross Street
Allen St
LISTING UPDATED: 12/19/2025 03:41 PM

Property Details for 248 South Main Street

StatusActive
MLS #B1637009
Days on Market81
Taxes$6,049 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.42 AC / 18,295 SF
CountyWyoming County

Location

Listing Courtesy of Keller Williams Realty Lancaster; WNY Metro Roberts Realty
Add your commute

Building Information for 248 South Main Street

Stories2Residences3Year Built1900Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$1,771 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,267

Property Taxes

$504

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 248 South Main Street

Summary
Location and General Information
  • Elementary School District: Warsaw
  • High School District: Warsaw
  • Middle Or Junior School District: Warsaw
  • Village: Warsaw-Village
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Warsaw-Village-564801
  • Tax Annual Amount: $6,049.00
Property
Lot Information
  • Building Area Total: 3058.0
  • Land Features: Rectangular, Rectangular Lot
  • Num Of Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Square Feet: 18295.0
  • Lot Size Units: Acres
  • Parcel Number: 564801-085-012-0001-028-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 28
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $129,900
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Electricity Connected, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Blown In Insulation, Vinyl Siding
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • HVAC Type: Ductless
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies
  • Heating: Ductless, Electric, Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Laundry Features: Washer Hookup
  • Levels: Two
  • Sq Ft Total: 3058.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, Rent, See Remarks, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Dining Area With Kitchen,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $850.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 3
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $750.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 750
Rental
Rental Information
  • Rent Includes: All Utilities

Property History for 248 South Main Street

DateEvent & SourcePriceAppreciation
Sep 11, 2025

Listed (Active)

WNYREIS #B1637009

$259,900
Apr 24, 2019

Sold (Public Record)

Public Record #643912856

$68,500

-7.9% / yr

Aug 27, 2015

Sold (Public Record)

Public Record #564468507

$92,500

-0.6% / yr

Nov 7, 2005

Sold (Public Record)

Public Record #427375803

$98,000
DateEvent & SourcePrice
09/11/2025

Listed (Active)

WNYREIS #B1637009

$259,900
04/24/2019

Sold (Public Record)

Public Record #643912856

$68,500

-7.9% / yr

08/27/2015

Sold (Public Record)

Public Record #564468507

$92,500

-0.6% / yr

11/07/2005

Sold (Public Record)

Public Record #427375803

$98,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 248 South Main Street

Taxable ValueLand$15,000Additions$114,900Total$129,900
Tax Record2024$5,946 ($495 / month)
Home Facts
Baths1.5Total Finished SqFt3,058 SqFtAbove Grade Finished SqFt3,058 SqFtStories2Lot Size18,295 SqFtStyleDuplexYear Built1900Year Renovated1960Zoning06 - INDUSTRICountyWYOMINGAPN564801 85.12-1-28

Schools near 248 South Main Street

This home is within Warsaw Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Warsaw Elementary School
PublicPK to 5

Warsaw Middle School
Public6 to 8

Warsaw Middle Senior High School
Public9 to 12

Grace Christian Academy
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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248 South Main Street is a multi-family home for sale in Warsaw, NY 14569. This property was listed for sale on September 11, 2025 by Keller Williams Realty Lancaster, it's currently listed at $259,900. It has been on the market for a total of 81 days and was last sold on April 24, 2019. This listing's school district is Warsaw Central School District. Nearby schools include Warsaw Elementary School, Warsaw Middle School and Warsaw Middle Senior High School. 248 South Main Street is a 4-bed, 3-bath, 3,058 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Lancaster; WNY Metro Roberts Realty

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.