CCertihomes
200 Henry Street, Montour, NY 14865

$199,999

4 beds 3 baths 2,138 sqft Built 1890107 days on marketActive

About this home

Attention investors: are you looking for a Finger Lakes turnkey investment gem? You found it! This property is ideally located within walking distance of downtown Montour Falls and its famous waterfall known as "The Falls." This freshly renovated, vacant 3-unit apartment house (1 x 2-BR, 2 x 1-BRs) is a ready-to-go moneymaker. Each unit is all electric with separate hot-water heaters, new electric baseboard heat, and separate electric meters. The lower front 1-BR unit features the front porch, large bay windows, a large new kitchen, and side-by-side laundry hookups. The lower rear 1-BR has a side porch entrance, a back patio entrance, a living room, and a new kitchen (no laundry). The third unit upstairs is a 2-BR unit with stackable W/D hookups. Recent renovations include insulation, paint, windows, wiring, and vinyl throughout. This property is ready for occupancy with just a few minor finishing touches. This property is perfectly located near Seneca Lake for long-term tenants or even an Airbnb. Estimated monthly income is $1, 000 (2-BR upper), $850 (1-BR lower front), and $850 (1-BR lower rear) – totaling $2, 700 monthly.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,644/mo

Real estate (PITI + HOA + PMI)
$1,916
Principal + interest$1,283
Property tax + insurance$558
PMI / 2nd mortgage$75
Utilities
$1,423
Heating + cooling$562
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,644/mo TLC
Budget$5,000/mo
Remaining after TLC$2,356/mo
Purchase price
$199,999
Down payment
$10,000 (5%)
Loan amount
$189,999
APR
7.15%

Quick facts

Type
MultiFamily
Style
Triplex
Year built
1890
Lot size
0.33 ac
Stories
2
Heating
Zoned, Electric
Cooling
Zoned
Water
Connected, Public
HOA
Annual tax
$3,463
MLS #
R1597705
County
Schuyler

At a glance

Basement

Home features

Appliances
ElectricWaterHeater
Interior
CeilingFans
Community
TrailsPaths
Parking
CommonGravel
Flooring
Laminate, LuxuryVinyl, Varies
Roof
Asphalt
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14865

MetricThis ZIPCountyUSA
Population3,15019,351,094299,088,112
Population Change Since19900.00%8.00%20.00%
Population Density150395
Male1,5379,381,926147,432,321
Female1,6139,969,168151,655,844
Never Married6334,946,39163,775,926
Married1,3387,166,701123,120,365
Separated1221,159,67312,639,686
Widowed2341,110,24515,467,586
Divorced3111,210,44823,075,029
Number Of House Hold1,2457,102,016111,826,380
Average House Hold Size2.492.642.60
Medial Age41.1536.5335.46
Median House Hold Income$40,468$49,847$48,276
Average House Hold Income$48,177$70,032$63,629
P C I$19,465$26,569$24,529
M D I$35,341$42,210$41,133
A T H E$42,671$54,185$50,898
S T R8.00%4.00%
W C J83.94%81.55%77.74%
(Zip) Code
14865

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 4/7/2025. Provided courtesy of Keller Williams Realty Southern Tier & Finger Lakes via Buffalo MLS. Information deemed reliable but not guaranteed.