About 111 W Main Street
Excellent investment opportunity in the heart of Allegany, NY, just minutes from St. Bonaventure University! This well-located 4-unit property offers strong rental potential, ideal for student housing or long-term tenants. Each unit provides functional living space with separate entrances, making it attractive for a variety of rental strategies. Situated in a high-demand rental area, this property benefits from consistent occupancy driven by proximity to the university, local amenities, and downtown Allegany. Whether you're looking to expand your portfolio or start investing, this property offers great income potential with upside through improved rents or updates. Don’t miss your chance to own a multi-unit in a prime location!
Features of 111 W Main Street
| MLS® # | R1668497 |
|---|---|
| Price | $132,900 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,856 |
| Square Footage | 2875 |
| Acres | 0.07 |
| Year Built | 1950 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 111 W Main Street |
|---|---|
| Area | Allegany-Village |
| City | Allegany |
| County | Cattaraugus |
| State | NY |
| Zip Code | 14706 |
Amenities
| Utilities | Sewer Connected, Water Connected, Other, See Remarks |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | Common |
| Garages | Common |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Laminate, Luxury Vinyl, Varies |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Wall Furnace |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Composite Siding, Fiber Cement |
|---|---|
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Construction | Composite Siding, Fiber Cement |
School Information
| District | Allegany-Limestone |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna Professionals - Olean |
|---|---|
| Contact Info | 716-307-9256 |