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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,512 sqft
Price per Sqft $149
Subdivision Village/Fredonia
MLS Listing ID R1554270
Sold Date 02/25/25
Style Fourplex
Bedrooms 17
Full Baths 5
Half Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $9,549
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 107X520
Property Sub-Type Multi Family
Property Description
ATTENTION INVESTORS! Check out this excellent investment opportunity in the village of Fredonia. This beautiful and spacious student rental complex consists of three 4 bedrrom apartments and one 5 bedroom apartment. Located on Central Avenue directly across from the SUNY Fredonia president's house, these fully furnished rental units are highly desired by students who wish to be within walking distance of campus. A large parking lot with enough soace for 40 cars is shared with 9 Forbes place. 9 Forbes place Is being offered along with this property as a package. Current leases are in place for the 2024/2025 school year for 3 of the 4 units. Current leases project gross annual income of $65,000 with the flexibility to substantially add to this number. Located within walking distance of downtown Fredonia, D&F Plaza, and directly across the street from the SUNaY Fredonia campus. Schedule your viewing today!
Location
State NY
County Chautauqua
Community Village/Fredonia
Area Fredonia-Village-065801
Direction Located on Central avenue near Forbes Place. The driveway for 185 central is located off of Forbes at 9 Forbes.
Rooms
Basement Full, Walk-Out Access, Sump Pump
Interior
Heating Gas, Baseboard
Flooring Carpet, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Patio
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Porch Patio
Building
Story 2
Foundation Poured
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding,Wood Siding,Copper Plumbing
Construction Status Existing
Schools
Elementary Schools Fredonia Elementary
Middle Schools Fredonia Middle
High Schools Fredonia High
School District Fredonia
Others
Senior Community No
Tax ID 065801-113-007-0003-041-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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