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
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
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
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
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
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
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
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
Waverly’s population is quite small and has declined slightly, which can affect economic activity and vibrancy. Citytistics
2) Fewer Local Amenities
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
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
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
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
The village has a higher poverty rate than the U.S. average, which can be tied to local economic conditions.
