Turnkey 2-Unit Investment Property – Ready to Rent!
This well-maintained 2-unit apartment home is a fantastic opportunity for investors or owner-occupants! Featuring separate utilities and in-unit laundry for each unit, this property is move-in ready and offers excellent rental potential.
The lower unit boasts 3 bedrooms—including one on the second floor—and a full bathroom, providing a spacious layout. The upper unit features 2 bedrooms and 1 full bath, making it ideal for tenants seeking comfort and convenience. Both units are in great condition, offering bright living spaces, ample storage, and functional layouts.
With its prime location and strong rental potential, this is an incredible opportunity to generate steady income. Don’t miss out—schedule a showing today!
Sold for $80,000 on 05/22/25
$80,000
408 W Water St, Smethport, PA 16749
5beds
2,016sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$75,600 Zestimate®
$40/sqft
$796 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 01:04pm
Listed by:
Kenneth M. Bailey 716-307-6960,
Real Estate Pros & More,
Nathan Frederico 814-598-2120,
Real Estate Pros & More
Bought with:
Nathan Frederico, RS364138
Real Estate Pros & More
Source: NYSAMLSs,MLS#: R1597437
Originating MLS: Chautauqua-Cattaraugus

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air, Space Heater
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Pull Down Attic Stairs
- Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
- Basement: Partial
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
- Dimensions: 36 x 132
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 15,005.14100.
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Fiber Cement, Copper Plumbing
- Foundation: Block, Stone
- Roof: Metal
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Smethport
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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