Turn-Key 4-Unit
Turn-key 4-unit investment property on 2.56 acres in the Finger Lakes
Marketing description
Turn-key 4-unit multifamily investment on 2.56 acres in the heart of New York's Finger Lakes wine country. Four detached buildings house four 1-bedroom, 1-bath apartments — two larger lofted units (built 2022), the other two additional units (built 2023), and with room on the property for additional units. Modern construction throughout: mini-split heating and cooling, spray foam insulation, metal roofs, vinyl siding, and slab foundations. Each unit features its own eat-in kitchen, living room, in-unit washer/dryer, porch, and full appliance package. Four separate electric meters.
Three of four tenants are month-to-month, giving a new investor immediate flexibility to adjust rents to market or convert units to short-term rentals.
Located minutes from the Seneca Lake Wine Trail (30+ wineries), Watkins Glen State Park, Watkins Glen International, and Finger Lakes National Forest — the only national forest in New York State. The Finger Lakes region draws millions of visitors annually, creating strong and growing demand for short-term rental accommodations.
Ideal for an investor seeking stabilized cash flow with value-add upside, or an owner-operator looking to convert units to premium STR in one of New York's top tourism destinations. Property taxes reflect the pre-subdivision parcel.
Investment highlights
• Built 2022–2023 — minimal deferred maintenance
• Mini-split HVAC (heating and cooling) in every unit
• Spray foam insulation throughout
• Metal roofs on all structures
• Vinyl siding, poured slab foundations
• 4 separate electric meters
• Public water connected
• Full appliance package in every unit, including dishwasher and microwave.
• In-unit washer/dryer in all 4 apartments
• Private Pond
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