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    116-118 Burns Ter Penn Yan, NY 14527

    Pending
    For Sale
    $199,900

    MULTI_FAMILY - Other - Penn Yan, NY

    Property size:
    1,800 SF
    Lot size:
    0.51 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 116-118 Burns Ter

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Basement, Bedroom 2, Bathroom 2
    Bedrooms
    6
    Bathrooms
    2
    APN
    573001-049-065-0001-043-000-0000
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Size
    1,800 SF
    Lot size
    0.51 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Tile, Hardwood
    Building materials
    Stucco, WoodSiding
    Roof type
    Shingle
    Architectural style
    Other

    Wine Trail Properties LLC (315) 882-2343 [email protected]

    Listing agent Austin J. Lapp (315) 536-8004 License #10491205094

    Listing date Oct 21, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Penn Yan Duplex on Large Lot

    Located in the Village of Penn Yan, this duplex features two units, each containing three bedrooms and one bathroom. Both units include a basement and laundry facilities. The property has a side-by-side layout and ample parking. Situated on a large 0.5051-acre lot, this property offers a great investment opportunity with completely separated utilities and long-term tenants. The building size is approximately 1800 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.061686
    Latitude
    42.661786

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      Downtown Penn Yan Commercial Property

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      Penn Yan Mixed-Use Building

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    FAQs

    What type of property is this?
    Duplex - Duplex in Penn Yan with long-term tenants and separate utilities.
    Where is this duplex located?
    The property is located at 116-118 Burns Ter Penn Yan, NY.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Great investment opportunity with long-term tenants already in place.; - Duplex configuration with two units, each featuring **3 bedrooms and 1 bathroom**.; - Completely separated utilities for each unit.
    (315) 536-8004
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116-118 Burns Ter Penn Yan, NY 14527
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