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61 State Street, 
Seneca Falls, NY 13148

$229,900


4

Beds


3

Baths


6,000

Sq Ft


Multi-Family

Active

Listed by

Belinda A. Fratto

Howard Hanna

315-781-7653

Last updated:

October 3, 2026, 03:50 PM

MLS#

R1715294

Source:

NY GENRIS

About This Home

61 State Street

Stately 3-unit mixed-use investment property offering over 4,500 sq. ft. of space in a well-known and highly visible building. This property features a large commercial storefront plus two spacious residential apartments, creating an excellent income-producing opportunity. The first-floor storefront offers a generous amount of commercial space and was remodeled in 2023 with new LVP flooring, fresh paint, updated lighting, and an updated kitchen area. Beautiful stained-glass windows add character, while a bathroom and additional storage room provide functionality. The space is currently occupied by established business tenants on a month-to-month lease, with a rent increase anticipated soon. The second floor offers two spacious 2-bedroom apartments, both currently occupied by month-to-month tenants. All tenants are current with their rent and utilities. Residential tenants pay their own electric, while the seller currently pays heat and water. Each of the three units has its own hot water tank. Updates include a boiler system installed in 2020, along with a new front porch featuring composite decking and attractive new railings, adding tremendous curb appeal. Even during the coldest winter months, the seller reports the highest heating bill has been approximately $400 per month. Current rents offer room for upward adjustment, providing additional income potential while maintaining a strong existing tenant base. Plenty of parking adds even more value. Conveniently located within walking distance to downtown, schools, banking, shopping, and other amenities, with Cayuga Lake, the dog park, and del Lago Resort & Casino just a short drive away. A solid mixed-use investment with established tenants, over 4,500 sq. ft., commercial and residential income, and future rent-growth potential. No delay, negotiations!

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1900

Price Summary

229,900

$38 per Sq. Ft.

MLS #:

R1715294

Last Updated:

October 3, 2026, 03:50 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

6,000 Sq. Ft.


Structure

Structure

Architectural Style:

Triplex

Building Area:

6,000 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

2,178


Finances & Disclosures

Finances

Price:

$229,900

Price per Sq. Ft:

$38 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.