116-118 Burns Ter

1,800 Sq. Ft.
$111 / Sq. Ft.
1,800
Sq. Ft.
$111
per Sq. Ft.

Description

Duplex in the Village of Penn Yan. 3 bedrooms and 1 bathroom in each unit complete with a basement and laundry. This charming house has a convenient side by side layout, plenty of parking, and a massive half acre lot. Great investment opportunity with completely separated utilities and comes with long term tenants! Owner is a NYS Licensed Real Estate Broker.Duplex in the Village of Penn Yan. 3 bedrooms and 1 bathroom in each unit complete with a basement and laundry. This charming house has a convenient side by side layout, plenty of parking, and a massive half acre lot. Great investment opportunity with completely separated utilities and comes with long term tenants! Owner is a NYS Licensed Real Estate Broker.
  1. Listed by Austin J. Lapp • Wine Trail Properties, LLC
    P: (315)-536-8004 C: (866)-456-8004 alapp@winetrailproperties.com

Property Details for 116-118 Burns Terrace

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Gravel
Nearest Cross Street
Rosewood
LISTING UPDATED: 12/23/2025 10:39 AM

Property Details for 116-118 Burns Terrace

StatusClosed
MLS #R1645450
Days on Market3
Taxes$3,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1930
Lot Size0.51 AC / 22,000 SF
CountyYates County

Location

Listing Courtesy of Wine Trail Properties, LLC

Sold By Wine Trail Properties, LLC

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Building Information for 116-118 Burns Terrace

Stories2Residences2Year Built1930Building Size-Lot Size0.51 AC / 22,000 SF

Payment Calculator

$1,297 per month

30 year fixed, 6.15% Interest

Principal and Interest

$974

Property Taxes

$323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116-118 Burns Terrace

Summary
Location and General Information
  • Elementary School District: Penn Yan
  • High School District: Penn Yan
  • Middle Or Junior School District: Penn Yan
  • Village: Penn Yan-Village
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 1.50
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Penn Yan Village-Milo-573001
  • Tax Annual Amount: $3,875.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1800.0
  • Land Features: Corner Lot, Rectangular, Rectangular Lot
  • Num Of Acres: 0.5051
  • Lot Size Area: 0.5051
  • Lot Size Square Feet: 22000.0
  • Lot Size Units: Acres
  • Parcel Number: 573001-049-065-0001-043-000-0000
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $135,000
  • Year Built: 1930
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Siding
  • Roof Description: Shingle
Interior Features
  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Tile, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1800.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Formal Dining Room,Laundry-In Unit,Living Room,Porch
  • Unit Type Total Rent: $1,100.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1100
Unit 2
  • Unit Type Actual Rent: $975.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Formal Dining Room,Laundry-In Unit,Living Room,Porch
  • Unit Type Total Rent: $975.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 975
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal
  • Tenant Pays: All Utilities

Property History for 116-118 Burns Terrace

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Sold

WNYREIS #R1645450

$199,900
Oct 20, 2025

Pending

WNYREIS #R1645450

Oct 17, 2025

Listed (Active)

WNYREIS #R1645450

$199,900
Oct 29, 2007

Sold

WNYREIS #R716973

$75,000
Sep 10, 2007

Pending

WNYREIS #R716973

Jun 14, 2007

Listed (Active)

WNYREIS #R716973

$95,000
DateEvent & SourcePrice
12/19/2025

Sold

WNYREIS #R1645450

$199,900
10/20/2025

Pending

WNYREIS #R1645450

10/17/2025

Listed (Active)

WNYREIS #R1645450

$199,900
10/29/2007

Sold

WNYREIS #R716973

$75,000
09/10/2007

Pending

WNYREIS #R716973

06/14/2007

Listed (Active)

WNYREIS #R716973

$95,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116-118 Burns Terrace

Taxable ValueLand$26,700Additions$108,300Total$135,000
Tax Record2020$3,520 ($293 / month)
Home Facts
Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size22,000 SqFtStyleDuplexYear Built1930CountyYATESAPN573001 49.65-1-43

Schools near 116-118 Burns Terrace

This home is within Penn Yan Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
Penn Yan Elementary School
PublicPK to 5

Penn Yan Middle School
Public6 to 8

Penn Yan Academy
Public9 to 12

St Michaels Elementary School
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Wine Trail Properties, LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.