$125,000
$134,900
7.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,970 SqFt
SOLD DATE : 07/11/2024
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,970 sqft
Price per Sqft $63
MLS Listing ID S1535343
Sold Date 07/11/24
Bedrooms 4
Full Baths 2
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $4,017
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 95X112
Property Description
Discover this enticing investment opportunity with this multifamily home nestled in the heart of the Village of Allegany NY, Cattaraugus County.
Situated in a charming neighborhood, this property is ideal for savvy investors or for those seeking a dual living arrangement. This multifamily home sits on a spacious 0.25 acre corner lot offering ample space for residents to enjoy. With two apartments, each boasting its own private driveway, this property promises both convenience and potential for rental income.
Unit 1 is a downstairs unit that features 2 bedrooms, 1.5 baths, a kitchen, a separate dining area, and a spacious living room. Added convenience is the inclusion of a washer and dryer within this unit.
Unit 2 is an upstairs apartment that offers 2 bedrooms, 1 bath, a cozy eat-in kitchen and a nice size living room. Residents of this unit also benefit from a washer and dryer located in the basement.
This property showcases versatility with the flexibility to live in one unit while generating rental income from the other, or the potential to easily convert back to a single-family home.
Just a few miles down the road is Saint Bonaventure University.
Location
State NY
County Cattaraugus
Area Allegany-Village-042001
Direction On E. Main St. in Allegany turn onto N. 1st St., right on Elm St., property is on the corner of Elm St. and N. 2nd St.
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard, Forced Air, Hot Water
Flooring Carpet, Hardwood, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description Corner Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
School District Allegany-Limestone
Others
Senior Community No
Tax ID 042001-093-035-0001-009-001-0000
Acceptable Financing Cash, Conventional, Other, See Remarks
Listing Terms Cash, Conventional, Other, See Remarks
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with ERA Team VP Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "