Description
3 Family Home in Falconer, NY Investment Opportunity! Located in neighborhood of Falconer, this 3-family home offers great potential for investors. Lower Unit: Features a 1-bedroom apartment with a long-term tenant, providing steady rental income. Right Side Unit: A spacious 3-bedroom apartment, also with a long-term tenant, ensuring consistent cash flow. Upper Unit: This unit has been gutted and is in need of finishing. This presents a fantastic opportunity for customization and value-add. Key Features: Separate Utilities: All utilities are separately metered, with tenants responsible for their own utilities, making management easy. Long-Term Tenants: Two units already rented with reliable, long-term tenants. Investment Potential: Ideal for an investor looking for a property with immediate rental income and future upside with the upper unit. Don't miss out on this promising income-generating property in Falconer!
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5BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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2,592SQFT
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$27$/SQFT
School Information
Description
3 Family Home in Falconer, NY Investment Opportunity! Located in neighborhood of Falconer, this 3-family home offers great potential for investors. Lower Unit: Features a 1-bedroom apartment with a long-term tenant, providing steady rental income. Right Side Unit: A spacious 3-bedroom apartment, also with a long-term tenant, ensuring consistent cash flow. Upper Unit: This unit has been gutted and is in need of finishing. This presents a fantastic opportunity for customization and value-add. Key Features: Separate Utilities: All utilities are separately metered, with tenants responsible for their own utilities, making management easy. Long-Term Tenants: Two units already rented with reliable, long-term tenants. Investment Potential: Ideal for an investor looking for a property with immediate rental income and future upside with the upper unit. Don't miss out on this promising income-generating property in Falconer!
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Listing information © 2025 CNYIS, GENRIS, WNYREIS. Listing provided by Heather Shea-Canaley of ERA Team VP Real Estate : 716-708-5000.