116-118 Burns Terrace Penn Yan, NY ^$ 199,900

116-118 Burns Terrace

^$ 199,900

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116-118 Burns Terrace

Penn Yan, NY, 14527

^$ 199,900

Bedrooms6 Baths2.0 Sq 1,800

Monthly Estimate*

^$ 1,247

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Multi-Family Home for sale in Penn Yan, NY

for $199,900 with 6 bedrooms and 2 full baths. This 1,800 square foot home was built in 1930 on a lot size of 0.5051.

Duplex in the Village of Penn Yan. 3 bedrooms and 1 bathroom in each unit complete with a basement and laundry. This charming house has a convenient side by side layout, plenty of parking, and a massive half acre lot. Great investment opportunity with completely separated utilities and comes with long term tenants! Owner is a NYS Licensed Real Estate Broker.

Multi-Family Pending

Price

^$ 199,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,875

Style

Duplex

Lot Size

0.5051

Year Built

1930

Town/City

Penn Yan

County/Region

Yates

MLS | Web ID

R1645450

Features

General

Sewer Connected

Heating Gas ForcedAir

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Shingle

Appliances ElectricWaterHeater GasWaterHeater

Garage Spaces 1.5

Architectural Style Duplex

Construction Materials Stucco WoodSiding

School District Penn Yan

Year Built 1930

Tenant Pays AllUtilities

Stories Count 2

Township Penn Yan-Village

Levels Two

Property Subtype MultiFamily

County Yates

Property Type Residential

Garage Y/N Yes

Rent Includes CommonAreaMaintenance Gardener SnowRemoval

Full Baths 2

Status Pending

Directions On the corner of Rosewood & Burns Terrace

City Milo

Senior Community Y/N No

High School District Penn Yan

Number Of Units Total 2

MLS Area Penn Yan Village-Milo-573001

Lot Size Units Acres

Lot Size Square Feet 22000.0

Year Built Details Existing

Tax Annual Amount 3875.0

Property Condition Resale

Standard Status Pending

Middle/Junior School District Penn Yan

Elementary School District Penn Yan

Tax Assessed Value 135000

TaxOtherAnnualAssessmentAmount 0.0

Interior

Basement Full

Flooring Hardwood Tile Varies

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 0

Total Bedrooms 6

Main Level Bathrooms 0

Total Baths 2

Exterior

Parking Features Gravel

Lot Features CornerLot Rectangular RectangularLot

Water Source Connected Public

Lot Size Area 0.5051

Building Area Total 1800.0

Lot Dimensions 110X200

Lot Size Acres 0.5051

Waterfront Y/N No

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Internal Only

Street Number 1 116

* Excluded Features

List By

Wine Trail Properties, Llc

Broker

(866) 456-8004

Phone

Affordability Calculator

$1,570

Per Month

Monthly Principal & Interest: $1,247
Monthly Property Taxes: $323
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Penn Yan, NY

Average List Price ^$194,267

Percent of Sale Price 3%

About Penn Yan, NY

12,738 Population

0% Since 2002

^$49,864 Median Income

42.16 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3323589 Elementary School

3323715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2025	$199,900		Listed Price

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116-118 Burns Terrace, Penn Yan, NY, 14527 is a Multi-Family Home for sale at $199,900 with 1,800 sqft and a lot size of 0.5051. 116-118 Burns Terrace has 6 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 14527 which is in Penn Yan, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2025 All rights reserved.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Data is updated as of 12/7/2025.

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116-118 Burns Terrace

Multi-Family Home for sale in Penn Yan, NY

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