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120 Lee Avenue, 
Montour Falls, NY 14865

$248,000


5

Beds


2

Baths


3,200

Sq Ft


Single Family

Active

Listed by

Shaun M Marks

Marks Of Excellence Realty

607-732-3234

Last updated:

September 12, 2026, 03:08 PM

MLS#

R1707376

Source:

NY GENRIS

About This Home

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.

Home Facts

Single Family

2 Baths

5 Bedrooms

Built in 1880

Price Summary

248,000

$77 per Sq. Ft.

MLS #:

R1707376

Last Updated:

September 12, 2026, 03:08 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

3,200 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

3,200 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$248,000

Price per Sq. Ft:

$77 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.