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  • $1,300,000

    305 N Work St, Falconer, NY 14733

    20beds
    0baths
    23,215sqft
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    Multi Family
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $56/sqft
    $-- HOA

    What's special

    All electric serviced units
    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.
    17 hours
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    82
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Real Estate Advantage 716-484-2020,

    Genevieve "Ginger" Johnson 716-450-2110

    Source: NYSAMLSs,MLS#: R1695498MLS LogoOriginating MLS: Chautauqua-Cattaraugus

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 0
      Heating
      • Baseboard, Electric
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
      • Laundry: Common Area, Coin-operated
      Features
      • Flooring: Laminate, Varies, Vinyl
      • Basement: Partial,Sump Pump
      • Has fireplace: No
      Interior area
      • Total structure area: 23,215
      • Total interior livable area: 23,215 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: One Space, Driveway, No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Fence, Gravel Driveway, Private Yard, See Remarks
      • Fencing: Partial
      Lot
      • Size: 1.4 Acres
      • Dimensions: 185 x 287
      • Features: Corner Lot, Irregular Lot
      Details
      • Additional structures: Barn(s), Outbuilding
      • Parcel number: 371.1041
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Blown-In Insulation, Brick
      • Roof: Flat,Membrane,Rubber
      Condition
      • Resale
      • Year built: 1938

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Laundry Facilities
      • Security: Security System Owned, Fire Escape, Security Service
      Location
      • Region: Falconer

      Financial & listing details

      • Price per square foot: $56/sqft
      • Tax assessed value: $579,700
      • Annual tax amount: $15,283
      • Date on market: 7/2/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Listed for sale$1,300,000$56/sqft
        Source: NYSAMLSs #R1695498 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14733

        Getting around

        65 / 100
        Somewhat Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harvey C Fenner Elementary
        • Middle: Falconer Middle
        • High: Falconer Middle/High
        • District: Falconer

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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