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Key Details
Sold Price $642,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,668 sqft
Price per Sqft $240
Subdivision Buffalo Crk Reservation
MLS Listing ID B1690162
Sold Date 08/25/26
Style Triplex
Bedrooms 6
Full Baths 3
Half Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1993
Annual Tax Amount $8,140
Lot Size 4.080 Acres
Acres 4.08
Lot Dimensions 110X1614
Property Sub-Type Multi Family
Property Description
Exceptional investment opportunity in the Town of Elma featuring three well-maintained residential units plus additional income from a 60' x 60' pole barn. This property has been extensively updated and shows true pride of ownership throughout. From the attractive exterior and expansive paved parking area to the clean, modernized apartments, every aspect of the property has been carefully maintained.
Unit #1 is a spacious 3-bedroom, 1.5-bath apartment currently rented for $1,800 per month. Unit #2 offers 2 bedrooms and 1.5 baths with current rent of $1,500 per month. Unit #3 features 1 bedroom and 1 full bath and rents for $1,100 per month. The 60' x 60' pole barn provides additional income and is currently leased for $2000 per month.
The apartments feature updated flooring, refreshed interiors, spacious living areas, modern fixtures, and bright, inviting spaces. The property is occupied by quality tenants who take pride in their homes, making this a truly turnkey investment opportunity. With strong rental history, multiple income streams, and a highly desirable Elma location, this property offers immediate cash flow with long-term appreciation potential.
Whether you're expanding your portfolio or seeking a well-performing multi-unit investment, 7041 Clinton Street delivers the combination of income, condition, and stability that investors are looking for.
Location
State NY
County Erie
Community Buffalo Crk Reservation
Area Elma-144200
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Other, See Remarks, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 12.0
Utilities Available Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Septic Tank
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Iroquois
Others
Senior Community No
Tax ID 144200-127-040-0003-002-100
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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