For Sale
Price CutPrice Drop: $200K (11/03)
Multi family home for sale at 305 N Work St, Falconer, NY 14733 | MLS# R1695498 | Listing updated on 2026-11-03
Photo 1 of Multi family home for sale at 305 N Work St, Falconer, NY 14733 | MLS# R1695498 | Listing updated on 2026-11-03
Photo 2 of Multi family home for sale at 305 N Work St, Falconer, NY 14733 | MLS# R1695498 | Listing updated on 2026-11-03
Photo 3 of Multi family home for sale at 305 N Work St, Falconer, NY 14733 | MLS# R1695498 | Listing updated on 2026-11-03
Photo 4 of Multi family home for sale at 305 N Work St, Falconer, NY 14733 | MLS# R1695498 | Listing updated on 2026-11-03
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$1,100,000

Monthly Est:$5,475

  • Beds Icon22 Beds
  • Beds Icon
    -- Bath
  • Beds Icon23,215sqft

305 N Work St, Falconer, NY 14733

$5,475/moEst:

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  • Multi Family

  • Built in 1938

  • $-- HOA

  • 1.4 acres lot

  • $47/sq.ft

Description

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 ma
kes 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.

  • Houzeo last checked: 4 hours ago
  • Listing updated: November 3, 2026 at 5:54 pm
  • Listing Provided by: Genevieve "Ginger" Johnson (716) 450-2110 DRE #30JO0773088 | Real Estate Advantage (716) 484-2020
  • Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: R1695498 New York State Alliance of MLSs, Buffalo-NY

This condo is in:

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Chautauqua County

  • City

    Falconer

  • Neighborhood

    --

  • Year Built

    1938

  • HOA Fees

    -

  • Finished Area

    23,215 sqft

  • Lot Size

    1.4 acres lot

  • Basement Area

    - sqft

  • MLS Name

    New York State Alliance of MLSs, Buffalo

  • MLS Number

    R1695498

  • MLS Status

    Active

  • Days on Market

    125

  • Cumulative Days on Market

    123

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 22

    Bathroom: --

Interior

  • Flooring

    Laminate, Varies, Vinyl

  • Exterior Features

    Fence, Gravel Driveway, Private Yard, See Remarks

  • Heating

    Baseboard, Electric

  • Appliances

    Electric Oven, Electric Range, Electric Water Heater, Refrigerator

  • Sewer

    Connected

Construction

  • Year Built

    Year Built: 1938

  • Home type

    Multi Family

  • Construction Materials

    Blown In Insulation, Brick

  • Property Condition

    Resale

  • Roof

    Flat, Membrane, Rubber

Utilities & Energy

  • Electric

    Circuit Breakers

  • Laundry Features

    Common Area, Coin Operated

  • Basement

    Partial, Sump Pump

  • Parking Features

    One Space, Driveway, No Garage

  • Water Source

    Connected, Public

  • Utilities

    Cable Available, Electricity Connected, Sewer Connected, Water Connected

  • Security Features

    Security System Owned, Fire Escape, Security Service

Other Features

  • Lot Features

    Corner Lot, Irregular Lot

  • Community Features

    Laundry Facilities

Price History

DateEventPrice

11/03/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #R1695498

Listed for Sale

$1,100,000

$47/sqft

07/29/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #R1695498

Off Market

$1,100,000 -15.38%

$47/sqft

07/02/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #R1695498

Listed for Sale

$1,300,000

$56/sqft

Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Nov 05, 2026, 12:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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