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Key Details
Sold Price $171,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $80
Subdivision Village/Fredonia
MLS Listing ID B1622228
Sold Date 10/22/25
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,560
Lot Size 0.276 Acres
Acres 0.2758
Lot Dimensions 66X182
Property Sub-Type Multi Family
Property Description
Reopening for summer showings, this exceptional rental property is perfectly situated between SUNY Fredonia and the Village. An ideal location for student or standard rentals. This duplex features two well-maintained units: a 2-bedroom, 1-bath lower unit and a 3-bedroom, 1-bath upper unit, each with a spacious kitchen, eating area, and comfortable living space. Outdoor features include a charming front porch for the lower unit and a covered balcony for the upper. Tenants share access to a washer and dryer located in the basement. The property is fully rented with five tenants signed through May 2026 at $2,500 per semester each, with tenants covering electric and gas while the owner pays water and trash. Recent upgrades include new carpet in both units, a new hot water heater, updated heating units in the upper unit, and new electrical service to the home. Generating over $25,000 annually and requiring no immediate work, this property offers strong, consistent income and is truly move-in ready for the next investor.
Location
State NY
County Chautauqua
Community Village/Fredonia
Area Fredonia-Village-065801
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Other,Wood Siding
Construction Status Existing
Schools
School District Fredonia
Others
Senior Community No
Tax ID 065801-113-014-0002-026-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Grant Pettrone
Licensed Real Estate Broker, Founder | License ID: 10491209675
Licensed Real Estate Broker, Founder License ID: 10491209675


