Three-Unit Multifamily
For Sale
$239,900
Pending
107 Lawrence St, Penn Yan, NY 14527
Well-maintained triplex with three one-bedroom apartments and separate utilities, supported by municipal electric heat for straightforward operations.
Property Size1,584 SF
Days on Market39
Property Features for 107 Lawrence St
General Information
Standard status
Pending
Size
1,584 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,887
Building Details
Building Size
1,584 SF
Year Built
1905
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Keuka Lake & Land Realty
(315) 719-7372
Listed By:
Daniel T. Morse · License #10331200133
(315) 719-7372
Source:
Elliman
Added: Jul 4
Changed: Aug 8
Last Checked: Aug 10 at 8:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keuka Lake & Land Realty
Investment Insights
Based on property information with market context.
This three-unit multifamily building offers three separate one-bedroom apartments. Each unit has its own separate utilities, a practical setup for tenants who manage their own consumption and for owners seeking simplified billing. The property is described as well-maintained throughout, with pride of ownership evident in the overall condition. Heating is provided via municipal electric heat, supporting a consistent approach to building services.
The property is located at 107 Lawrence St in Penn Yan, New York. The area is noted as somewhat bikeable, with a Bike Score of 48, and car-dependent, with a Walk Score of 15. Access and everyday convenience will primarily be oriented around driving, based on the walkability data provided.
This offering can fit a range of buyers looking for a clean, turnkey-style income property with an owner-friendly configuration. With three distinct one-bedroom units and separate utilities already in place, the building supports multiple occupancy plans, including an owner-occupant approach where one unit is used while the other units generate rental income. An open house is scheduled for Sunday, July 5 from 1:00 PM to 3:00 PM, with delayed negotiations starting Tuesday, July 7 at 1:00 PM.
The property is located at 107 Lawrence St in Penn Yan, New York. The area is noted as somewhat bikeable, with a Bike Score of 48, and car-dependent, with a Walk Score of 15. Access and everyday convenience will primarily be oriented around driving, based on the walkability data provided.
This offering can fit a range of buyers looking for a clean, turnkey-style income property with an owner-friendly configuration. With three distinct one-bedroom units and separate utilities already in place, the building supports multiple occupancy plans, including an owner-occupant approach where one unit is used while the other units generate rental income. An open house is scheduled for Sunday, July 5 from 1:00 PM to 3:00 PM, with delayed negotiations starting Tuesday, July 7 at 1:00 PM.
Key Highlights
- Well‑maintained three‑unit multifamily (triplex) built in 1905
- Three individual 1‑bedroom apartments, each with separate utilities
- Municipal electric heat helps keep operations straightforward
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 14527, NY
12,716
Population
6,252
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
84%
High-School Grad
134.9 sq mi
ZIP Area
94
Density / Sq Mi
$65,212
Median Household Income
$38,818
Median Earnings
$758
Median Rent
$199,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with three one-bedroom apartments and separate utilities, supported by municipal electric heat for straightforward operations.
Where is this triplex located?
The property is located at 107 Lawrence St Penn Yan, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Well‑maintained three‑unit multifamily (triplex) built in 1905; Three individual 1‑bedroom apartments, each with separate utilities; Municipal electric heat helps keep operations straightforward
