20-Unit Apartment Complex – Falconer, New York
Presenting an exceptional investment opportunity in the heart of Falconer, New York. This well-maintained 20-unit apartment complex offers an income-producing asset in a desirable location with convenient access to shopping, restaurants, schools, parks, and major transportation routes.
The property features 18- One bedroom and 2-Two bedroom all electric serviced units, each with its own electric meter, each supplied with stove and refridgerator. Residents enjoy the convenience of two coin operated laundry rooms within the building as well as nearby amenities while benefiting from the quiet, small-town atmosphere that makes Falconer an attractive place to call home.
With steady rental demand and proximity to Jamestown, this apartment complex represents an excellent opportunity for both seasoned investors and those looking to expand their multifamily portfolio. The property's size provides economies of scale while offering long-term income potential and opportunities for future value appreciation.
Whether you're seeking a turnkey investment or a property with upside potential through strategic improvements, this 20-unit complex is well-positioned to deliver consistent returns.
Property Highlights
20 residential apartment units
Located in Falconer, NY
Convenient access to Jamestown and surrounding communities
Close to shopping, dining, schools, and local employers
Strong rental demand in an established neighborhood
Excellent opportunity for long-term cash flow and portfolio growth
Well Maintained!!!
This multifamily property combines location, stability, and investment potential, making it a valuable addition to any real estate portfolio.
23,215 Sq Ft
1.4 Private Acres Lot Size
investment
$1,274 Monthly Tax
Built in 1938
MLS/Listing ID R1695498
2 Stories
20 Units
Lot - Irregular Lot
Lot - Corner Lot
Parking - One Space
Parking - No Garage
Parking - Driveway
Flat
Membrane
Rubber
Community Sewer
Water
Public Water
Construction - Brick
Private Yard
Fence
Partial
Vinyl
Laminate
Unfurnished
Heating - Electric
Heating - Baseboard
Blown-in Insulation
Common Area
Coin-operated
Refrigerator
Electric Water Heater
Electric Range
Electric Oven
Community - Laundry Facilities
TOTAL MONTHLY COST
$0
$0
$0