Courtesy: Real Estate Advantage
716-484-2020
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.
Falconer is located in New York. Falconer, New York has a population of 2,301. Falconer is more family-centric than the surrounding county with 27.97% of the households containing married families with children. The county average for households married with children is 24.43%.
The median household income in Falconer, New York is $47,717. The median household income for the surrounding county is $50,408 compared to the national median of $69,021. The median age of people living in Falconer is 43.9 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 45.7 inches per year, with 85.3 inches of snow per year.
