Profitable multifamily investment opportunity in Waverly, NY. This 2-unit has been family owned for over 30 years and consists of a 2 BR apartment on the left side of the home, and a 3 BR apartment on the right side. When fully occupied, the home brings in $2200 GMI or 26k annually, offering a 5-year ROI. Minor TLC needed in each unit. Structurally solid home. Off street parking for both units. Separate utilities. The backyard/porch overlooks Cayuta Creek. Both units are currently vacant and ready for a new lease! Located across the street from Sopranos Market. 1 minute from I-86. An excellent addition to your portfolio!
Closed
$85,000
612 Cayuta Ave, Waverly, NY 14892
5beds
2,500sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$34/sqft
$1,463 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,463/mo
Zestimate® history
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$1,463/mo
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$1,463/mo
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$533/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joseph Schwartz 607-361-2667,
Signature Properties Corning
Bought with:
Tracie Shambo/Reciprocal, 10301220350
Reciprocal-I
Source: NYSAMLSs,MLS#: EC276607
Originating MLS: Elmira Corning Regional Association Of REALTORS
Originating MLS: Elmira Corning Regional Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Gas Water Heater, Oven, Refrigerator
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Carpet, Varies, Vinyl
- Basement: Dirt Floor,Full
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Off Street, Parking Available
Features
- Patio & porch: Deck, Enclosed, Porch
- Exterior features: Deck
- Waterfront features: River Access, Stream
- Body of water: None
Lot
- Size: 8,712 Square Feet
- Dimensions: 123 x 152
Details
- Parcel number: 166.12332
- Zoning: Res2
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Waverly
Financial & listing details
- Price per square foot: $34/sqft
- Tax assessed value: $65,600
- Annual tax amount: $2,600
- Date on market: 10/1/2024
- Cumulative days on market: 122 days
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $85,000-14.9%$34/sqft |
Source:  NYSAMLSs #EC276607 Report a problem | ||
| 1/31/2025 | Contingent | $99,900$40/sqft |
Source: NYSAMLSs #EC276607 Report a problem | ||
| 1/28/2025 | Price change | $99,900-16.8%$40/sqft |
Source:  ECMLS #276607 Report a problem | ||
| 10/1/2024 | Listed for sale | $120,000$48/sqft |
Source: ECMLS #276607 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $65,600 |
| 2024 | -- | $65,600 |
| 2023 | -- | $65,600 |
| 2022 | -- | $65,600 |
| 2021 | -- | $65,600 |
| 2020 | -- | $65,600 |
| 2019 | -- | $65,600 |
| 2018 | -- | $65,600 |
| 2017 | $1,982 | $65,600 |
| 2016 | -- | $65,600 |
| 2015 | -- | $65,600 |
| 2014 | -- | $65,600 |
| 2013 | -- | $65,600 |
| 2012 | -- | $65,600 |
| 2011 | -- | $65,600 +4% |
| 2010 | -- | $63,100 |
| 2009 | -- | $63,100 |
| 2008 | -- | $63,100 +1916% |
| 2007 | -- | $3,130 |
| 2006 | -- | $3,130 |
| 2005 | -- | $3,130 |
| 2004 | -- | $3,130 +42.3% |
| 2002 | -- | $2,200 |
| 2001 | -- | $2,200 |
| 2000 | -- | $2,200 |
Find assessor info on the county website
Neighborhood: 14892
Nearby homes
- $77,380-- bd-- ba2.4k sqft608 Cayuta Ave, Waverly, NY 14892Off Market
- $77,380-- bd-- ba2.4k sqft608 Cayuta Ave, Waverly, NY 14892Off Market
- $141,100-- bd-- ba2.4k sqft608 Cayuta Ave, Waverly, NY 14892Off Market
- $--2 bd1 ba1k sqft608 Cayuta Ave #1, Waverly, NY 14892Off Market
- $3,5594 bd1 ba2k sqft618 Cayuta Ave, Waverly, NY 14892Off Market
- $117,5004 bd2 ba2.1k sqft47 Ithaca St, Waverly, NY 14892Off Market
- $170,7004 bd2 ba2k sqft609 Cayuta Ave, Waverly, NY 14892Off Market
- $423,665-- bd-- ba800 sqft607 Cayuta Ave, Waverly, NY 14892Off Market
Nearby schools
GreatSchools rating
- 6/10Elm Street Elementary SchoolGrades: 1-4Distance: 0.3 mi
- 8/10Waverly Middle SchoolGrades: 5-8Distance: 0.4 mi
- 6/10Waverly High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Waverly
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tioga County
- Waverly
- 14892
- 612 Cayuta Ave
Nearby cities
Nearby zip codes
Other Waverly Topics
