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Northern Chautauqua Realty, Inc.
57 Temple Street
Fredonia, New York 14063
(716) 672-7222 Office
(716) 672-7223 Fax
ncrealty@netsync.net

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Sold for $300,000 Sold

56 West Central Avenue
Fredonia, NY 14063

Multi Family 5+
0.7531 acres - MLS# R1119058
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Sold

Sold for $300,000 on Aug 16, 2018

Description

Top of the line investment property!! This 6 unit 10 bedroom apartment building sits in a prime location to the college and is in superb condition! All new roofs, vinyl sided, twin double efficiency furnaces, new plumbing, updated electric panels, all new hw tanks, new XL concrete patio and vinyl fencing, and new large blacktop parking lot. Leased to students for 2018-19 school year and grosses $42,000+! A fantastic opportunity!

Features

  • Additional Exterior Features: Patio
  • Amenities Included: Coin Laundry
  • Basement: Full
  • County/Area: Chautauqua County
  • Directions To Property: Central Ave Near Curtis
  • Driveway Description: Blacktop
  • Exterior Construction: Vinyl
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Garage Spacesper Apt: No Garage Spaces
  • Gross Annual Income: 42500
  • Heating Fuel Description: Gas
  • HVAC Type: Forced Air
  • Incomeexpense Information: Provided By Owner
  • Kitchen Equip Appl Included: In All Apartments, Oven/Range Gas-Some, Refrigerator
  • Listing Status: S-Closed/Rented
  • Lot Dimensions Depth: 349
  • Lot Dimensions Frontage: 94
  • Lot Information: Neighborhood Street
  • Lot Number: 32
  • Lot Size: 0.7531
  • Nearest Cross Street: Curtis
  • Number Of 1 Bedroom Apartment: 3
  • Number Of 2 Bedroom Apartment: 2
  • Number Of 3 Bedroom Apartment: 1
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Number Of Heating Units: 2
  • Number Of Studio Apartments: 1
  • Operating Expenses Include: Electric, Insurance, Refuse, Repairs/Maintenance, Snow Plow, Utilities, Water/Sewer
  • Parking Spacesper Apt: 3 Or More Spaces
  • Property Type: Multi Family 5+
  • Rent Includes: Apartments Furnished, Heat, Refuse Removal, Water
  • Roof Description: Asphalt
  • School District: Fredonia
  • School Tax: 9259
  • Sewer Description: Sewer Connected
  • Sold Date: 2018-08-16 00:00:00
  • Sold Price: 300000.00
  • Sq.Ft.: 4302
  • Stories: 2-Story
  • Sub Type: Other - See Remarks
  • Total Number Of Apartments: 6
  • Total Taxes: 9259
  • Village: Fredonia-Village
  • Water Heater Fuel: Gas
  • Water Resources: Public Connected
  • Year Built: 1912
  • Year Built Description: Existing
  • Zip Code: 14063

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