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305 N. Work St.

ellicott, NY 14733

$1,300,000

  • 20 BR
    approx. 23,215 SF

Interested? Let's Connect

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.

Details

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

Amenities & Features

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

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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