#R1586155, Allison E Koczent, Listing Office: Howard Hanna
4 Seneca Ln Seneca Falls, NY 13148
Property details
About 4 Seneca Ln
PRIME SENECA FALLS INVESTMENT OPPORTUNITY - CASH-FLOWING DUPLEX Attention investors! Don't miss this value-add duplex in Seneca Falls delivering a solid 7% cap rate with significant upside potential. This property features two spacious units: - Ample off-street parking -1 bedroom unit -2 bedroom unit -Fully occupied The 2 bedroom unit currently rents for $975/month, while the 1 bedroom unit commands $725/month – both below market rates, presenting an immediate opportunity to increase cash flow through strategic updates and market-rate adjustments. Recent improvements include a new hot water tank (2024), providing peace of mind for long-term ownership. The property's solid bones and proven rental history make it an ideal addition to any investment portfolio. Neighborhood location with strong rental demand, close to all that Seneca Falls has to offer. This duplex offers the perfect blend of current cash flow and future appreciation potential. Don't wait - schedule your showing today to see the value-added opportunities firsthand.
Highlights
Summary
- MLS Number: R1584526
- MLS Name: NYS
- Office Name: Keller Williams Realty Greater Rochester
- Office Phone: (585) 440-8840
- Listing Agent: Laura E. Swogger
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Last updated on: 2/23/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$108,000
4 Seneca Ln
$1,283
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $96,000 | $1,210 |
2022 | $67,600 | $1,210 |
2021 | $67,600 | $1,210 |
2020 | $67,600 | $1,210 |
2019 | $67,600 | $1,210 |
2018 | $67,600 | $2,567 |
2017 | $67,600 | $2,499 |
History based on county public records data.
Nearby schools
3
Elizabeth Cady Stanton Elementary School
Public District 3-5
0.4 mi
•38 Garden St
5
La Fayette School
Public District 3-5
2.5 mi
•71 Inslee St
5
Andrew J Smith Elementary School
Public District PK-5
7.3 mi
•26 Homer St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,625. Most Seneca Falls, NY residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 4 Seneca Ln in Seneca Falls, NY and zip code 13148. This 1,403 square foot home, which was built in 1880, sits on a 0.48 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $108,000.
While more than 1 listings in Seneca Falls, NY in January 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between December and January 2025, Seneca Falls, NY real estate market has seen decrease in the number of listings by 4.3%. In January 2025, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $179,000.