Closed

$80,000

408 W Water St, Smethport, PA 16749

5beds

2,016sqft

Duplex, Multi Family

Built in 1920

-- sqft lot

$78,500 Zestimate^®

$40/sqft

$908 Estimated rent

Home value

$78,500

Estimated sales range

Not available

$908/mo

Zestimate^® history

Owner options

List your home for rent

$908/mo

Rent Zestimate^®

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$908/mo

Rent Zestimate^®

Refinance and save

$448/mo

Est. payment

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$448/mo

Est. payment

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What's special

Bright living spacesAmple storageFunctional layouts

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!

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 Square Feet
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 & HOA

Location

Region: Smethport

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $28,870
Annual tax amount: $953
Date on market: 4/3/2025
Cumulative days on market: 6 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities

Price history

Date	Event	Price
5/22/2025	Sold	$80,000-5.8%$40/sqft
Source: NYSAMLSs #R1597437 Report a problem
4/10/2025	Pending sale	$84,900$42/sqft
Source: NYSAMLSs #R1597437 Report a problem
4/3/2025	Listed for sale	$84,900+142.6%$42/sqft
Source: NYSAMLSs #R1597437 Report a problem
2/28/2013	Sold	$35,000$17/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$990 +3.8%	$28,870
2024	$954	$28,870
2023	$954	$28,870
2022	$954 +1.3%	$28,870
2021	$941	$28,870
2020	$941 +5.3%	$28,870
2019	$894 +10109.9%	$28,870
2018	$9	$28,870
2017	--	$28,870
2016	$284	$28,870
2015	$284	$28,870
2014	$284	$28,870
2012	$284	$28,870
2011	--	$28,870