c.1920 New York Tri-Plex For Sale $85K
OHU50K Notes $85,000
c.1920 New York Tri-Plex For Sale. This is a charming three unit home. Fireplaces, built ins and hardwood floors.
Realtor Comments
Spacious and charming three-family home in the Village of Waverly offering character, functionality, and flexibility. The property includes three well-sized units-one 3-bedroom unit and two 2-bedroom units-each with separate gas and electric meters. Inside, the units feature beautiful original woodwork, tall ceilings, and a classic brick fireplace, creating warm, inviting living spaces. The layouts are generous and comfortable, well-suited for long-term local tenants or an owner-occupant looking to enjoy one unit while renting the others. Outside highlights include a wraparound front porch, a large driveway with ample off-street parking, and a nice yard offering outdoor space rarely found with multifamily properties. Conveniently located near village amenities, schools, and local shops, this property captures the appeal of small-town living with income-producing potential.
- 7 bed
- 4 bath
- Build date 1920
304 Chemung St, Waverly, NY 14892 $85,000
- Contact Realtor: Vincent Lucenti
- Google Map
- Niche
Pros of Living in Waverly, NY
1) Lower Cost of Living
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Waverly’s cost of living is below both the national and New York state averages, with especially affordable housing costs compared with larger cities. AreaVibes
2) Affordable & Varied Housing
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The housing market includes a range of homes from historic Victorian-style houses to newer builds, often at prices well below the U.S. median. Homes.com
3) Scenic Outdoors & Parks
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There are local parks with playgrounds, trails, waterfalls, and easy access to nearby outdoor recreation and nature preserves — great for hiking, fishing and biking. Homes.com
4) Small-Town Community Feel
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With a population of around 4,000, Waverly has a close-knit, small-town vibe with local shops, seasonal events and community traditions. Citytistics+1
5) Accessible Healthcare Services
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Local clinics (like Guthrie Clinic) and nearby hospitals just across the PA line ensure basic and some specialized care is not far away. LullaPanda
6) Good Schools
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The Waverly Central School District earns solid ratings, with middle and high school receiving decent grades and offering dual-enrollment options. Homes.com
7) Proximity to Larger Cities
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Waverly is within commuting distance of Binghamton and Elmira, expanding job, shopping and entertainment options. Homes.com
👎 Cons of Living in Waverly, NY
1) Small Population & Limited Growth
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Waverly’s population is quite small and has declined slightly, which can affect economic activity and vibrancy. Citytistics
2) Fewer Local Amenities
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While essential shops and eateries exist, larger entertainment, shopping, and specialized services are limited and often require travel to nearby cities. Homes.com
3) Employment & Economic Challenges
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Local employment opportunities are limited, and small villages like Waverly may have higher unemployment or lower local job options than bigger cities. AreaVibes
4) Limited Public Transit
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Although there is some bus service, public transportation options are limited compared with larger metro areas, so most residents rely on cars. Homes.com
5) Amenities & Entertainment Score Low
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Data suggests Waverly scores poorly for local amenities and employment when compared nationwide — meaning fewer walkable services or entertainment venues. AreaVibes
6) Poverty & Socioeconomic Issues
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The village has a higher poverty rate than the U.S. average, which can be tied to local economic conditions.
