120 Lee Avenue, Montour

$ 248,000

Overview

  • Updated On:
  • August 18, 2026
  • 3,200.00 ft2 Interior
  • 5 Bedrooms
  • 2 Bathrooms
  • 0.10 ac Acres

Description

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.

Property Location

Street: 120 Lee Avenue
Tax Area: Montour Falls Village-Montour
County:
Postal City: Montour Falls
State: NY
Zip: 14865
School District: Odessa-Montour
Waterfront Y/N: No
HOA Y/N: No

Property Details

Property Id: 1244275
Price: $ 248,000
Property Size: 3,200.00 ft2
Property Lot Size: 0.10 ac
Bedrooms: 5
Bathrooms: 2
Waterfront Y/N: No
Architectural Style: TwoStory
Basement: Full
Bathrooms Full: 2
Bathrooms Total: 2
Bedrooms Total: 5
Building Sq Ft Total: 3200
Elementary School District: Odessa-Montour
Flooring: Carpet, LuxuryVinyl, Varies
Foundation Details: Stone
Heating: Electric, ForcedAir
High School District: Odessa-Montour
Latitude: 42.345479
Laundry Features: MainLevel
Levels: Two
List Office Name: Marks of Excellence Realty
List Office Phone: (607) 732-3234
List Price: 248000
Listing Id: R1707376
Living Sq Ft: 3200
Longitude: -76.847124
Lot Features: Rectangular, RectangularLot, ResidentialLot
Acres: 0.1
Lot Acres: 0.1
Lot Dimensions: 66X66
Main Level Bathrooms: 1
Middle School District: Odessa-Montour
Status: Active
Photos: 13
Possession: Closing
Postal City: Montour Falls
Zip Code: 14865
Description: 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.
Road Frontage: CityStreet
Roof: Shingle
Rooms Total: 10
StateOrProvince: NY
Stories: 2
Street Name: Lee
Street Number: 120
Street Number Numeric: 120
Street Suffix: Avenue
Total Taxes: 2418
Assessed Value: 133600
Town: Montour Falls-Village
Utilities: HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1880
YearBuiltDetails: Existing

Amenities and Features

Other Features
Basement Y/N 1
BedroomOnMainLevel
GasWaterHeater
GravelDriveway
Has a Main Level Bedroom
Has Heating System
KitchenIsland
Main Level Bedrooms 1
Refrigerator

Map

Courtesy Of : Marks of Excellence Realty
(607) 732-3234

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.

Payment Calculator

$ 1,271.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 961.55

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