$1,300,000

305 N Work St Falconer, NY 14733

Estimated payment $8,255/month

20 Beds
-- Bath
23,215 Sq Ft
$56 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • Partially Fenced Property
  • Private Yard
  • Coin Laundry
  • Vinyl Flooring

About This Home

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.

Listing Agent

Ginger Johnson

Listing by Real Estate Advantage Brokerage Phone: 716-450-2110 License #30JO0773088 Listed on: 07/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,283

Year Built

  • Built in 1938

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 185x287
  • Partially Fenced Property
  • Corner Lot
  • Irregular Lot
  • Private Yard

Home Design

  • Brick Exterior Construction
  • Blown-In Insulation

Interior Spaces

  • 20 Bedrooms
  • 23,215 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Basement

  • Partial Basement
  • Sump Pump

Parking

  • No Garage
  • Gravel Driveway

Schools

  • Harvey C Fenner Elementary School
  • Falconer Middle School
  • Falconer Middle/High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 20 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 371.10-4-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,283

Year Built

Built in 1938

Lot Details

1.4 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Other, See Remarks, Snow Removal, Water
  • Year Built: 1938
  • Attribution Contact: 716-450-2110
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Irregular Lot
  • Directions: From the Main Street in the heart of the village at the traffic light and ,go left to North Work street approx 3 blocks on the Left . Look for 305 North work apartments . It was the Northside Elementary School.
  • Flooring: Laminate, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Partial, Sump Pump
  • Basement YN: Yes
  • Total Bedrooms: 20
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 1.4
  • Waterfront: No
  • Construction Type: Blown-In Insulation, Brick
  • Exterior Features: Fence, Gravel Driveway, Private Yard, See Remarks

Garage/Parking

  • Parking Features: One Space, Driveway, No Garage

Utilities

  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Falconer
  • Ninth Grade High School: Falconer Middle/High
  • Middle Or Junior School: Falconer Middle

Lot Info

  • Parcel Number: 371.10-4-1
  • Lot Dimensions: 185X287
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 20
  • Number Of Separate Electric Meters: 21

Tax Info

  • Tax Annual Amount: 15283.0

MLS Schools

  • Elementary School: Harvey C Fenner Elementary

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 For Sale $1,300,000 -- $56 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1695498

Chautauqua-Cattaraugus Board of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.