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!
Listing courtesy of ERA Team VP Real Estate. Contact: 716-708-5000
Selling Office: Property Sisters of Chautauqua, Inc..