This is a three-unit property in the Village of Groton offers excellent investment potential with long-term tenants in place. Located near a bus route and within walking distance of local amenities, it combines small -town charm with convenience.
Unit 1: Spacious2-bedroom with one-level living; ideal for comfort.
Unit 2:Cozy studio, renovated 4 years ago completely.
Unit 3:Large 3-bedroom, also fully renovated 4 years ago, offering plenty of space.
The property features ample off-street parking, a valuable perk in the village. With updated units and a strong rental history, it's ready for reliable income or owner-occupancy.
Don't miss this well-maintained, conveniently located property. Schedule your showing today!
Closed
$233,000
116 Lincoln Ave, Groton, NY 13073
6beds
2,683sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$240,500 Zestimate®
$87/sqft
$1,748 Estimated rent
Home value
$240,500
$204,000 - $277,000
$1,748/mo
Zestimate® history
Owner options
List your home for rent
$1,748/mo
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$1,748/mo
Rent Zestimate®
Refinance and save
$1,383/mo
Est. payment
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$1,383/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jamie L Jones 607-257-0800,
Howard Hanna S Tier Inc
Bought with:
Devin Browne, 10401385736
Howard Hanna S Tier Inc
Source: NYSAMLSs,MLS#: R1580051
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate, Varies, Vinyl
- Windows: Skylight(s)
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,683
- Total interior livable area: 2,683 sqft
Property
Parking
- Parking features: Gravel, Two or More Spaces
Lot
- Size: 8,995 Square Feet
- Dimensions: 52 x 173
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50280100700000040080010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Groton
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $160,000
- Annual tax amount: $4,123
- Date on market: 12/5/2024
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $233,000-2.9%$87/sqft |
Source:  NYSAMLSs #R1580051 Report a problem | ||
| 12/31/2024 | Pending sale | $240,000$89/sqft |
Source: NYSAMLSs #R1580051 Report a problem | ||
| 12/5/2024 | Listed for sale | $240,000+92%$89/sqft |
Source:  ITMLS #R1580051 Report a problem | ||
| 7/1/2014 | Sold | $125,000$47/sqft |
Source: NYSAMLSs #IB140646 Report a problem | ||
| 4/22/2014 | Pending sale | $125,000$47/sqft |
Source: WARREN REAL ESTATE #140646 Report a problem | ||
| 4/15/2014 | Listed for sale | $125,000+49%$47/sqft |
Source: WARREN REAL ESTATE #140646 Report a problem | ||
| 9/11/2003 | Sold | $83,900$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $160,000 |
| 2024 | -- | $160,000 +10.3% |
| 2023 | -- | $145,000 +11.5% |
| 2022 | -- | $130,000 |
| 2021 | -- | $130,000 |
| 2020 | -- | $130,000 |
| 2019 | -- | $130,000 +8.3% |
| 2018 | -- | $120,000 |
| 2017 | $4,946 | $120,000 |
| 2016 | -- | $120,000 |
| 2015 | -- | $120,000 +9.1% |
| 2014 | -- | $110,000 |
| 2013 | -- | $110,000 |
| 2012 | -- | $110,000 |
| 2011 | -- | $110,000 |
| 2010 | -- | $110,000 |
| 2009 | -- | $110,000 |
| 2008 | -- | $110,000 +23.6% |
| 2007 | -- | $89,000 |
| 2006 | -- | $89,000 |
| 2005 | -- | $89,000 +6% |
| 2004 | -- | $84,000 +7.7% |
| 2003 | -- | $78,000 +11.4% |
| 2002 | -- | $70,000 |
| 2001 | -- | $70,000 |
| 2000 | -- | $70,000 |
Find assessor info on the county website
Neighborhood: 13073
Nearby homes
- $108,4003 bd1 ba1.3k sqft118 Lincoln Ave, Groton, NY 13073Off Market
- $207,1002 bd1 ba700 sqft114 Lincoln Ave, Groton, NY 13073Off Market
- $207,3002 bd2 ba1.7k sqft120 Lincoln Ave, Groton, NY 13073Off Market
- $134,9003 bd3 ba1.5k sqft112 Lincoln Ave, Groton, NY 13073Off Market
- $167,8004 bd2 ba2k sqft110 Lincoln Ave, Groton, NY 13073Off Market
- $231,0006 bd2 ba2.5k sqft206-8 Barrows St, Groton, NY 13073Off Market
- $177,9003 bd3 ba1.7k sqft106 Lincoln Ave, Groton, NY 13073Off Market
- $90,6004 bd1 ba2.4k sqft202 Barrows St, Groton, NY 13073Off Market
Nearby schools
GreatSchools rating
- 7/10Groton Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Groton High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Groton Elementary
- District: Groton
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Groton
- 13073
- 116 Lincoln Ave
Nearby cities
Nearby zip codes
Other Groton Topics
