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.
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.
Property Details
Price:
$1,300,000
MLS #:
R1695498
Status:
Active
Beds:
20
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
falconervillage063803
Listed Date:
Jul 2, 2026
Finished Sq Ft:
23,215
Total Sq Ft:
23,215
Lot Size:
60,984 sqft / 1.40 acres (approx)
Year Built:
1938
Units:
20
See this Listing
Schools
School District:
Falconer
Elementary School:
Harvey C Fenner Elementary
Middle School:
Falconer Middle
High School:
Falconer Middle/High
Interior
Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Flooring
Laminate, Varies, Vinyl
Heating
Baseboard, Electric
Laundry Features
Common Area, Coin Operated
Levels
Two
Exterior
Community Features
Laundry Facilities
Construction Materials
Blown In Insulation, Brick
Exterior Features
Fence, Gravel Driveway, Private Yard, See Remarks
Fencing
Partial
Lot Features
Corner Lot, Irregular Lot
Other Structures
Barns, Outbuilding
Parking Features
One Space, Driveway, No Garage
Roof
Flat, Membrane, Rubber
Security Features
Security System Owned, Fire Escape, Security Service
Stories
2
Financial
Taxes
$15,283
Map
Community
- Address305 N. Work St. Ellicott NY
- CityEllicott
- CountyChautauqua
- Zip Code14733
Subdivisions in Ellicott
Market Summary
Current real estate data for Multi Family in Ellicott as of Jul 17, 2026
7
Multi Family Listed
174
Avg DOM
85
Avg $ / SqFt
$338,128
Avg List Price
Property Summary
- 305 N. Work St. Ellicott NY is a Multi Family for sale in Ellicott, NY, 14733. It is listed for $1,300,000
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Courtesy of Real Estate Advantage. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 305 N. Work St.
Ellicott, NY