216 S Canal Street Lenox, NY $ 135,000
216 S Canal Street
$ 135,000
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216 S Canal Street

Lenox, NY, 13032
$ 135,000
Bedrooms5 Baths2.0 Sq 1,920

Monthly Estimate*

$ 852

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Multi-Family Home for sale in Lenox, NY for $135,000 with 5 bedrooms and 2 full baths. This 1,920 square foot home was built in 1916 on a lot size of 0.13.

Incredible Income Opportunity on the Historic Erie Canal! Welcome to this charming, well-maintained 2-family home perfectly situated in a peaceful country setting, boasting beautiful, scenic views of the canal. This turnkey duplex offers the ultimate blend of tranquility and convenience, located within walking distance to the vibrant amenities in the Village of Canastota, and just minutes from the NYS Thruway and the popular Erie Canalway Trail. Two brand-new, high-efficiency boilers were recently installed (a $20,000 investment!). This property is anchored by excellent, long-term tenants who would love to stay, providing immediate, steady cash flow from day one. Whether you are looking to expand your investment portfolio or owner-occupy one unit while letting the other pay your mortgage, this Canastota gem is a rare find.

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Multi-Family Contingent

Price

$ 135,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,965

Style

Duplex

Lot Size

0.13

Year Built

1916

Town/City

Lenox

County/Region

MADISON

MLS | Web ID

S1686060

Features
General
Sewer Connected
Heating Gas HotWater
Utilities CableAvailable ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Shingle
Appliances ElectricWaterHeater
Garage Spaces 0.0
Patio/Porch Features Patio
Architectural Style Duplex
Construction Materials WoodSiding CopperPlumbing PexPlumbing
School District Canastota
Year Built 1916
Electric CircuitBreakers
View Water
Stories Count 2
Township Canastota-Village
Levels Two
Property Subtype MultiFamily
Gross Income 18780.0
Waterfront Features BeachAccess CanalAccess
County Madison
Net Operating Income 1760.0
Operating Expense 13055.0
Property Type Residential
Rent Includes Water
Full Baths 2
Status ActiveUnderContract
Directions Route 5 to Main Street to S Canal. Go to the last home on Left.
City Lenox
Body of Water Erie Canal
Senior Community Y/N No
High School District Canastota
Number Of Units Total 2
MLS Area Canastota-Village-253601
Lot Size Units Acres
Lot Size Square Feet 5663.0
Year Built Details Existing
Tax Annual Amount 3965.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1686060 https://www.propertypanorama.com/instaview-tour/syr/S1686060
Standard Status ActiveUnderContract
Middle/Junior School District Canastota
Elementary School District Canastota
Tax Assessed Value 73000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
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Interior
Basement CrawlSpace Partial
Flooring Carpet Laminate LuxuryVinyl Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 2
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Exterior
Exterior Amenities Patio
Parking Features Gravel
Lot Features FloodZone Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.13
Foundation Details Other SeeRemarks
Building Area Total 1920.0
Lot Dimensions 85X63
Lot Size Acres 0.13
Frontage Length 46
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 216
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* Excluded Features
List By
Exp Realty

Broker

(315) 762-3185

Phone

Affordability Calculator

$1,183
Per Month
72%
28%
0%
Monthly Principal & Interest
$852
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3038112 Elementary School
3038341 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2026$135,000 Listed Price

Map


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216 S Canal Street, Lenox, NY, 13032 is a Multi-Family Home for sale at $135,000 with 1,920 sqft and a lot size of 0.13. 216 S Canal Street has 5 bedrooms, 2.0 baths, and was built in 1916. The property's zip code is 13032 which is in Lenox, NY