305 N Work St

Baths
23,215 Sq. Ft.
$56 / Sq. Ft.
23,215
Sq. Ft.
$56
per 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
...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.
  1. Listed by Genevieve "Ginger" Johnson • Real Estate Advantage
    P: (716)-450-2110 C: (716)-450-2110 gingerj2@hotmail.com

Property Details for 305 North Work Street

Furnished
Unfurnished
Has Waterfront
No
LISTING UPDATED: 07/02/2026 06:24 PM

Property Details for 305 North Work Street

StatusActive
MLS #R1695498
Days on MarketListed Today
Taxes$15,283 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Other
Year Built1938
Lot Size1.40 AC / 60,983 SF
CountyChautauqua County

Location

Listing Courtesy of Real Estate Advantage
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Building Information for 305 North Work Street

Stories2Residences20Year Built1938Building Size-Lot Size1.40 AC / 60,983 SF

Payment Calculator

$7,752 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$1,274

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 305 North Work Street

Summary
Location and General Information
  • Cross Street: Mosher
  • 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.
  • Latitude: 42.120227
  • Longitude: -79.201309
  • MLS Area Major: Falconer-Village-063803
  • Has Senior Community: No
  • Township: Falconer-Village
Taxes and HOA
  • Parcel Number: 371.10-4-1
  • Tax Annual Amount: $15,283.00
  • Tax Assessed Value: 579700
School Information
  • Elementary School: Harvey C Fenner Elementary
  • Elementary School District: Falconer
  • High School: Falconer Middle/High
  • High School District: Falconer
  • Middle Or Junior School: Falconer Middle
  • Middle Or Junior School District: Falconer
Parking
  • Garage Spaces: 0.0
  • Has Garage: No
  • Parking Features: One Space, Driveway, No Garage
Property
Lot Information
  • Lot Features: Corner Lot, Irregular Lot
  • Lot Size Acres: 1.4
  • Lot Size Area: 1.4
  • Lot Size Units: Acres
  • Lot Size Dimensions: 185X287
Property and Assessments
  • Building Area Total: 23215.0
  • Living Area: 23215.0
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Property Type: Multi Family
  • Year Built: 1938
  • Year Built Details: Existing
Building Features
  • Construction Materials: Blown In Insulation, Brick
  • Levels: Two
  • Other Structures: Barns, Outbuilding
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 21
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Partial, Sump Pump
  • Has Basement: Yes
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 20
  • Has Fireplace: No
  • Flooring: Laminate, Varies, Vinyl
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Laundry Features: Common Area, Coin Operated
  • Main Level Bathrooms: 0
  • Security Features: Security System Owned, Fire Escape, Security Service
Exterior Features
  • Community Features: Laundry Facilities
  • Exterior Features: Fence, Gravel Driveway, Private Yard, See Remarks
  • Fencing: Partial
  • Roof: Flat, Membrane, Rubber
  • Stories: 2
  • Stories Total: 2
Multi Family
Multi Family Information
  • Number Of Units Total: 20
Income & Expenses
  • Operating Expense Includes: Accounting, Insurance, Legal, Maintenance Structure, Maintenance, Snow Removal, Supplies, Water Sewer
Rental
Rent Information
  • Rent Includes: Common Area Maintenance, Other, See Remarks, Snow Removal, Water

Property History for 305 North Work Street

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1695498

$1,300,000
Jul 2, 2026

Listed (Active)

WNYREIS #R1695498

$1,300,000
DateEvent & SourcePrice
07/02/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1695498

$1,300,000
07/02/2026

Listed (Active)

WNYREIS #R1695498

$1,300,000

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

Public Records for 305 North Work Street

Taxable ValueLand$31,000Additions$369,000Total$400,000
Tax Record2024$14,848 ($1,237 / month)
Home Facts
Total Finished SqFt15,619 SqFtAbove Grade Finished SqFt15,619 SqFtUnfinished Basement SqFt7,596 SqFtStories2Lot Size60,984 SqFtStyleMulti-Family Res (5+ Units)Year Built1938Zoning03 - MULTI-FACountyCHAUTAUQUAAPN063803 371.10-4-1

Schools near 305 North Work Street

This home is within Falconer Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 12
Private - PK to 12
Rating
School
Distance
Paul B D Temple Elementary School
PublicPK to 2

Harvey C Fenner Elementary School
Public3 to 5

Falconer Middle High School
Public6 to 12

Levant Christian School
PrivatePK to 12

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.

Similar Homes

305 North Work Street is a multi-family home for sale in Ellicott, NY 14733. This property was listed for sale on July 2, 2026 by Real Estate Advantage, it's currently listed at $1,300,000. This listing's school district is Falconer Central School District. Nearby schools include Paul B D Temple Elementary School, Harvey C Fenner Elementary School and Falconer Middle High School. 305 North Work Street is a 20-bed, 0-bath, 23,215 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Advantage

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.