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The Arcade Building 81-83 Fall St 8 Unit Apartment Building $1,500,000 ($187,500/Unit) Seneca Falls, NY 13148
Investment Highlights
- High Occupancy
- Turn-Key Units
Executive Summary
Located at 81-83 Fall Street in downtown Seneca Falls, NY, in the heart of the Finger Lakes, this exceptional 10-unit commercial investment opportunity offers both stability and upside potential. The property consists of eight large, well-maintained apartments and two commercial storefronts, creating a strong mixed-use income stream in a highly desirable location. The apartments are in great condition, offering spacious layouts that are attractive to tenants and support consistent occupancy. Overlooking the Cayuga Seneca Canal, many units feature scenic water views that further enhance rental appeal. Situated in the vibrant downtown corridor with walkable access to shops, dining, and local attractions, this turn key investment is ideally positioned for both seasoned investors and those looking to expand their portfolio in a thriving Finger Lakes market. Please reach out to Nick Davoli for financial information.
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $187,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 8 | Building Size | 15,388 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Zoning | 05 | ||
| Price | $1,500,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,388 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | 05 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 453289-011-000-0003-053-000-0000 | Improvements Assessment | $727,700 |
| Land Assessment | $14,300 | Total Assessment | $742,000 |
Property Taxes
Parcel Number
453289-011-000-0003-053-000-0000
Land Assessment
$14,300
Improvements Assessment
$727,700
Total Assessment
$742,000
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Steve Davoli Real Estate
The Arcade Building | 81-83 Fall St
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