Price Improvement! Investor Special – 2-Family Home with Strong ARV Potential
266 S Main St, Nichols, NY – Don’t miss this 2,600 sq ft multi-family opportunity with major upside! This 2-unit property features separate electric meters, making it ideal for rental income, house hacking, or a full renovation resale.
The home offers generous living space across both units and includes a ~600 sq ft basement with dirt/stone flooring for storage and utility access.
?? Fixer-upper – Sold As-Is
Property will require significant repairs, including a leaky roof and full interior updates. Cash or rehab financing likely needed.
?? Investment Highlights:
• Bank appraised at $50,000
• Estimated After Repair Value: $150,000–$200,000
• Strong potential for equity and/or rental income
?? Convenient Location:
Situated on S Main St with easy access to town amenities, commuting routes, and local services.
Great opportunity for investors, flippers, or buyers looking to build equity. Bring your vision and restore this property to its full potential!
Pending
$75,000
266 S Main St, Nichols, NY 13812
5beds
2,600sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$29/sqft
$-- HOA
What's special
Separate electric meters
- 78 days |
- 25 |
- 0 |
Listed by:
Property Owner (607) 221-3500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Other
Appliances
- Included: Range / Oven, Refrigerator, Washer
Features
- Basement: Finished
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Composition
Lot
- Size: 0.25 Acres
Details
- Parcel number: 49280117007114
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1900
Community & HOA
Location
- Region: Nichols
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $90,909
- Date on market: 4/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Pending sale | $75,000$29/sqft |
Source: Owner Report a problem | ||
| 4/21/2026 | Listed for sale | $75,000+66.7%$29/sqft |
Source: Owner Report a problem | ||
| 12/11/2015 | Listing removed | $45,000$17/sqft |
Source: THERESA RATHKE LICENSED REAL ESTATE BROKER/OWNER Report a problem | ||
| 10/29/2015 | Price change | $45,000-10%$17/sqft |
Source: THERESA RATHKE LICENSED REAL ESTATE BROKER/OWNER Report a problem | ||
| 8/14/2015 | Listed for sale | $50,000+135.3%$19/sqft |
Source: THERESA RATHKE LICENSED REAL ESTATE BROKER/OWNER Report a problem | ||
| 9/29/1995 | Sold | $21,250$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $15,800 |
| 2024 | -- | $15,800 |
| 2023 | -- | $15,800 |
| 2022 | -- | $15,800 |
| 2021 | -- | $15,800 |
| 2020 | -- | $15,800 |
| 2019 | -- | $15,800 |
| 2018 | -- | $15,800 |
| 2017 | $2,620 | $15,800 |
| 2016 | -- | $15,800 |
| 2015 | -- | $15,800 |
| 2014 | -- | $15,800 |
| 2013 | -- | $15,800 |
| 2012 | -- | $15,800 |
| 2011 | -- | $15,800 |
| 2010 | -- | $15,800 |
| 2009 | -- | $15,800 |
| 2008 | -- | $15,800 |
| 2007 | -- | $15,800 |
| 2006 | -- | $15,800 |
| 2005 | -- | $15,800 -15.4% |
| 2004 | -- | $18,675 +16.7% |
| 2002 | -- | $16,000 |
| 2001 | -- | $16,000 |
| 2000 | -- | $16,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 13812
Nearby schools
GreatSchools rating
- 9/10Tioga Middle SchoolGrades: 5-8Distance: 2.8 mi
- 8/10Tioga Senior High SchoolGrades: 9-12Distance: 2.8 mi
- 5/10Tioga Elementary SchoolGrades: PK-4Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tioga County
- Nichols
- 13812
- 266 S Main St




