THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
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c.1880 New York Italianate For Auction
Starting Bid $45,000
Discover your next project: a 4-bedroom, 1-bath New York Italianate. This stately brick residence offers a classic charm with a front and side porch, and it’s ready for the upgrades and updates you bring to it.
Tall ceilings and open stairway add to the charm. Village water & sewer. First floor laundry, Enclosed back porch/entry. Inside and outside basement entry . Open house May 26 @ 12-1pm & June 2 @ 7-8 pm Online bidding ends with soft close on June 4 @ 7pm. Price shown is suggested starting bid. A great opportunity for someone willing to submit sweat equity or an investment property.
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Charming small-town feel: Penn Yan is known for a quieter, community-focused vibe.
Keuka Lake / Finger Lakes access: Great for boating, fishing, wineries, parks, and summer events—one of the biggest lifestyle benefits.
Beautiful scenery: Rolling hills and lake views make everyday life more scenic than in many places.
Cost of living can be more manageable: Compared with many larger NY cities, housing may be more affordable depending on the home and neighborhood.
Local businesses & services nearby: You can handle many day-to-day needs without always driving to a bigger metro.
Cons
Smaller job market: Employment opportunities may be more limited; you might need to commute or work remotely.
Fewer “big city” amenities: Shopping variety, nightlife, and certain specialized services may require traveling (often toward the larger Finger Lakes/Buffalo/Rochester areas depending on your needs).
Winter weather: Snow, cold temperatures, and lake-effect conditions can be significant—harder if you don’t like winter.
Seasonal slowdown: Some businesses and activities can be busier in warmer months and quieter during winter.
Car-dependent lifestyle: Public transportation is limited in most small towns, so having a car is typically important.
