UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $77
MLS Listing ID S1698949
Style Fourplex
Bedrooms 4
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,581
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 99X112
Property Sub-Type Multi Family
Property Description
Capitalize on the consistent demand of Houghton's college rental market with this 2,720-square-foot, four-unit investment property located on a quiet dead-end street within walking distance of Houghton University. Currently between academic-year leases, the property offers the opportunity to secure tenants for the upcoming school year while acquiring an established student rental property.
Each of the four apartments offers one bedroom, one full bath, a spacious living room, and a large kitchen complete with appliances. The building includes two units on the main level and two upstairs with a covered front porch for the lower units, a second-story balcony for the upper units, and convenient off-street parking.
Major capital improvements have already been completed including a newer metal roof, recently painted exterior, and newer high-efficiency gas furnace helping reduce future maintenance costs.
Whether you're expanding an existing portfolio or purchasing your first multi-family investment, this property combines a sought-after location, a proven student rental layout, and significant infrastructure updates in one income-producing asset.
With strong demand driven by Houghton University, a walkable location, and key improvements already in place, this property is well-positioned for dependable rental income and long-term investment potential.
Location
State NY
County Allegany
Area Caneadea-024200
Direction I86 exit 30, route 19 north to Caneadea, left of Leonard Ave, property on the left.
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Forced Air
Flooring Carpet, Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Metal
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Poured
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Frame,Wood Siding
Construction Status Existing
Schools
School District Fillmore
Others
Senior Community No
Tax ID 024200-052-300-0001-041-000-0000
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1698949
Nearby Locations
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