Residential Land for Sale in Allegany, New York

Discover this enticing investment opportunity with this multifamily home nestled in the heart of the Village of Allegany NY, Cattaraugus County.

Situated in a charming neighborhood, this property is ideal for savvy investors or for those seeking a dual living arrangement. This multifamily home sits on a spacious 0.25 acre corner lot offering ample space for residents to enjoy. With two apartments, each boasting its own private driveway, this property promises both convenience and potential for rental income.

Unit 1 is a downstairs unit that features 2 bedrooms, 1.5 baths, a kitchen, a separate dining area, and a spacious living room. Added convenience is the inclusion of a washer and dryer within this unit.

Unit 2 is an upstairs apartment that offers 2 bedrooms, 1 bath, a cozy eat-in kitchen and a nice size living room. Residents of this unit also benefit from a washer and dryer located in the basement.

This property showcases versatility with the flexibility to live in one unit while generating rental income from the other, or the potential to easily convert back to a single-family home.

Just a few miles down the road is Saint Bonaventure University. Conveniently located within walking distance to Main Street. Don't miss out on this opportunity to invest in a multifamily property with vast potential.

Offered at $134,900. Contact Karen Herdman 585-610-0750 for more information and to schedule a private showing.