About 120 Lee Avenue
TURNKEY INVESTMENT OPPORTUNITY IN MONTOUR FALLS! This impressive 3,200-square-foot, 5-bedroom, 2-bath single-family home has been fully renovated, including beautifully updated kitchens and bathrooms. The property is currently occupied by long-term tenants paying $2,650 per month, providing immediate rental income and strong cash-flow potential. Professional property management is already in place, making this an excellent opportunity for an investor looking for a largely hands-off addition to their portfolio. With the major renovation work already completed, a stable long-term tenancy in place, and professional management handling the property, the next owner can step in and continue benefiting from an established income-producing asset. The home's generous size and five-bedroom layout provide flexibility and strong rental appeal. Located in Montour Falls in the heart of the Finger Lakes, the property is close to Watkins Glen, Seneca Lake, wineries, restaurants, and outdoor recreation. A fully renovated, tenant-occupied property with established rental income and professional management—an excellent opportunity to add a cash-flowing asset to your real estate portfolio. Buyer to verify all information, rental income, expenses, and suitability for intended use. Do not contact tenant. Sellers are licensed NY Real Estate Agents.
Features of 120 Lee Avenue
| MLS® # | R1707376 |
|---|---|
| Price | $248,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,200 |
| Square Footage | 4356 |
| Acres | 0.10 |
| Year Built | 1880 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 120 Lee Avenue |
|---|---|
| Area | Montour Falls Village-Montour |
| City | Montour |
| County | Schuyler |
| State | NY |
| Zip Code | 14865 |
Amenities
| Utilities | High Speed Internet Available, Sewer Connected, Water Connected |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | No Garage |
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Luxury Vinyl, Varies |
|---|---|
| Interior Features | Kitchen Island, Bedroom on Main Level |
| Appliances | Gas Water Heater, Refrigerator |
| Heating | Electric, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Frame |
|---|---|
| Exterior Features | Gravel Driveway |
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Windows | Leaded Glass |
| Roof | Shingle |
| Construction | Frame |
| Foundation | Stone |
School Information
| District | Odessa-Montour |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Marks of Excellence Realty |
|---|
