7 E Main St Allegany, NY 14706

Price
Not For Sale
Last Update
Jun 14th, 2020
Type
Off Market
Status
Off Market
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9588 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.14 acres
Property Sqft
9,588
MLS Number
R1251554
Year Built
1900
Days On Market

Description

This turn-key investment in Downtown Allegany is something to seriously consider. It is located two doors down from the corner of Main and 5th St. Currently the tenants are mostly associated with Saint Bonaventure. Tenants are responsible for their own electric, 5 out 6 units are heated with electric baseboard. One unit is heated with a gas heater. Hot water is heated with gas, the landlord pays gas and water. 15.89% Cap Rate includes taxes, insurance (~$2,600), and (~$2,000) in utilities. Approximately a 6.3 year payback under current rental income.

More Details

Provider
Howard Hanna Holt Real Estate
MLS ID
GENRIS
MLS Name
Upstate New York Real Estate Information Services LLC (Rochester)
MLS Number
R1251554
Source
listhub
PARTICIPANT
Name
Paul Pezzimenti
Primary Phone
(716) 378-7039
Key
3YD-GENRIS-PEZZIMPA
Email
PaulPezzimenti@howardhanna.com
BROKER
Name
Howard Hanna Holt Real Estate
Phone
(716) 269-4208
OFFICE
Name
Howard Hanna Professionals
Phone
(716) 372-1155
Copyright © 2024 Upstate New York Real Estate Information Services LLC (Rochester). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$159,900 $17Howard Hanna Professionals
Listed For Sale$159,900 $17Howard Hanna Professionals
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Nearby Schools

Elementary School

Allegany Elementary School

0.4 miles awayPK - 05

High School

Allegany - Limestone High School

2.9 miles away09 - 12

Middle School

Allegany - Limestone Middle School

2.9 miles away06 - 08