Attention investors: are you looking for a Finger Lakes turnkey investment gem? You found it! This property is ideally located within walking distance of downtown Montour Falls and its famous waterfall known as "The Falls." This freshly renovated, vacant 3-unit apartment house (1 x 2-BR, 2 x 1-BRs) is a ready-to-go moneymaker. Each unit is all electric with separate hot-water heaters, new electric baseboard heat, and separate electric meters. The lower front 1-BR unit features the front porch, large bay windows, a large new kitchen, and side-by-side laundry hookups. The lower rear 1-BR has a side porch entrance, a back patio entrance, a living room, and a new kitchen (no laundry). The third unit upstairs is a 2-BR unit with stackable W/D hookups. Recent renovations include insulation, paint, windows, wiring, and vinyl throughout. This property is ready for occupancy with just a few minor finishing touches. This property is perfectly located near Seneca Lake for long-term tenants or even an Airbnb. Estimated monthly income is $1,000 (2-BR upper), $850 (1-BR lower front), and $850 (1-BR lower rear) – totaling $2,700 monthly.
For sale
$249,900
200 Henry St, Montour Falls, NY 14865
4beds
2,138sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Front porchNew electric baseboard heatSeparate electric metersBack patio entranceSeparate hot-water heatersLarge bay windowsLarge new kitchen
- 19 days
- on Zillow |
- 640 |
- 22 |
Zillow last checked: 10 hours ago
Listing updated: April 08, 2025 at 05:42am
Listing by:
Keller Williams Realty Southern Tier & Finger Lakes 607-795-2900,
Pamela Pariso 607-742-1350
Source: NYSAMLSs,MLS#: R1597705
Originating MLS: Elmira Corning Regional Association Of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Zoned, Electric
Cooling
- Zoned
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Laminate, Luxury Vinyl, Varies
- Windows: Thermal Windows
- Basement: Exterior Entry,Full,Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 2,138
- Total interior livable area: 2,138 sqft
Property
Parking
- Parking features: Common, Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.33 Acres
- Dimensions: 99 x 156
- Features: Rectangular, Residential Lot
Details
- Parcel number: 44280108600700100030000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Fiber Cement
- Foundation: Block
- Roof: Asphalt
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Trails/Paths
Location
- Region: Montour Falls
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $126,200
- Annual tax amount: $3,463
- Date on market: 4/7/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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