$132,900

111 West Main Street, Allegany, NY 14706

  • 7 beds |
  • 4 baths |
  • 2,856 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2,875sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $47/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

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!

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
April 5, 2026 at 6:16AM
Listing Office:
Howard Hanna Professionals - Olean : 716-372-1155
Listing Agent:
Regis Handley : 716-307-9256
MLS ID:
R1668497
  • Appliances: Gas Water Heater
  • Basement: Finished
  • Flooring: HardwoodLaminateLuxury VinylVaries
  • Heating: GasWall Furnace
  • Fireplace: Fireplaces: 0
  • Style: Fourplex
  • Parking: Common
  • General: Composite SidingFiber Cement2
  • Road/Access: City Street
  • Originating MLS: NYS_CC
  • School District: Allegany-Limestone
  • County: Cattaraugus
  • Zoning: 042001-093-043-0001-018-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_CC

This listing courtesy of Regis Handley , Howard Hanna Professionals - Olean

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Allegany-Limestone Elementary School

120 Maple Ave, Allegany, NY, 14706

Grades PK-5

0.38 miles away

A

Allegany-Limestone Middle-High School

3131 Five Mile Rd, Allegany, NY, 14706

Grades 6-12

2.77 miles away

A

Allegany-Limestone Middle-High School

3131 Five Mile Rd, Allegany, NY, 14706

Grades 6-12

2.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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