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Renovated Triplex with Large Yard
New
For Sale
$225,000

2111 State Route 414, Watkins Glen, NY 14891

Three occupied units include a studio and larger apartments, with appliances conveying and utilities included in the rents.

Property Size3,789 SF
Days on Market5

Property Features for 2111 State Route 414

General Information

Standard status Active
Size 3,789 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x studio, 1 x 3-4BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,955

Building Details

Building Size 3,789 SF
Year Built 1900
Stories 2
Units 3
Listing Agency:
Listed By: Shawna Lott
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 8:43AM

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 Shawna Lott

Investment Insights

Based on property information with market context.

This triplex contains three occupied units with a mix of apartment layouts, including a two-bedroom unit, a studio, and a larger three-to-four-bedroom unit. The property has received renovations within the last couple of years. Refrigerators and range/ovens convey with the sale, while washers and dryers belong to the tenants. A sizable rear yard provides shared outdoor space. All units are served by one meter, with utilities included in the rents. Heating is provided by hot water using natural gas; Unit 1 also has propane service for its hot water tank and range/oven.

The property is located at 2111 State Route 414 in Dix, with access to downtown Watkins Glen, Corning, and Horseheads. Tenancies are month to month, and occupancy is reported at 100%.

Key Highlights

  • Three‑unit property with 100% occupancy
  • Unit mix includes a 2‑bedroom, studio, and 3‑4‑bedroom unit
  • Renovations completed within the last couple of years

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 14891, NY

4,140
Population
2,602
Households
1.6
Avg Household Size
46
Median Age
25%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
76
Density / Sq Mi
$57,137
Median Household Income
$36,221
Median Earnings
$775
Median Rent
$146,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied units include a studio and larger apartments, with appliances conveying and utilities included in the rents.
Where is this triplex located?
The property is located at 2111 State Route 414 Watkins Glen, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three‑unit property with 100% occupancy; Unit mix includes a 2‑bedroom, studio, and 3‑4‑bedroom unit; Renovations completed within the last couple of years
More about this property
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