305 N Work St.
Property Description
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.
Broker Details
Real Estate Advantage (716) 484-2020
MLS ID: C37961 State License Number: 30JO0773088
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,100,000 |
| No. of Units: | 20 |
| Year Built: | 1938 |
| Lot Size: | 23,215.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $55,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 20 |
| Number of Bathrooms: | 0 |
ID: 3yd-BNARNY-R1695498
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