248 S Main Street, Warsaw, NY 14569

Property 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 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.