$399900 Price Analysis    ♡   Ellery, NY 14712 2 bed None bath 6604 SqFt ($60/SqFt) 3.1 acre lot. Built 1960 Listed 2024-06-24, Taxes $9674 | ✓ USDA Eligible near Colburns, NY Restrictions may apply due to home size |
Incredible Investment Opportunity with Stunning Lake Views!
Welcome to 3682 Route 430, Bemus Point, NY a 16-unit property on three sprawling acres of prime real estate. Location, Location, Location: Situated overlooking the serene Chautauqua Lake and a mere three-minute drive to the charming downtown Bemus Point, where quaint shops, restaurants and lakeside attractions await. A quick two-minute drive to the I-86, ensuring easy access to neighboring cities and towns. Endless Potential: The possibilities are boundless with this propertys three acres of buildable land.
Whether you dream of expanding the existing units, creating additional rental spaces or embarking on an entirely new business venture, this property lays the foundation for your vision. Completely separate electrical services, allowing tenants to control ther electricity expenses. With the maintenance manager residing on-site in one of the units, you can have an on-site manager to help you with maintenance. The opportunity for short-term rentals such as Airbnb or VRBO is certainly an option. You can also conti nue to serve long-term tenants in this exceptional growth opportunity.
Presented by Paul Pezzimenti at
Howard Hanna Professionals - Olean.
Property MLS #R1497674 from NYStateAlliance
BedroomonMainLevel
Flooring: LuxuryVinyl
ElectricOven
ElectricRange
ElectricWaterHeater
Microwave
RangeHood
Heating: Yes
Lake
Road Frontage Type: MainThoroughfare
Lot Size Acres: 3.1
Lot Size Dimensions: 690X389
Lot Size Square Feet: 135036
Parking Features: OneSpace, Driveway, NoGarage
Calculated Total Monthly Association Fees: 0
Elementary School District: Bemus Point
High School: Maple Grove Junior-Senior High
High School District: Bemus Point
Middle or Junior School District: Bemus Point
Map directions Map directionsRent Includes: CableTV, Water
Source Listing Status: Active
County: Chautauqua
Cross Street: Westman Road
Source Property Type: MultiFamily
Area: Ellery-063689
Source Neighborhood: Ellery-063689
Number of Separate Electric Meters: 16
Owner Pays: CableTV, Water
Parcel Number: 063689-350-000-0001-022-000
Postal City: Bemus Point
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $286200 + $43800 $330000 | $9674 |
| 2022 | $286200 + $43800 $330000 | $9280 |
| 2021 | $286200 + $43800 $330000 | $9189 |
| 2017 | $286200 + $43800 $330000 | $9023 |
| 2016 | $286200 + $43800 $330000 | $8741 |
| 2015 | $286200 + $43800 $330000 | $8581 |
| 2014 | $286200 + $43800 $330000 | $12373 |
| 2014 | $286200 + $43800 $330000 | $12481 |
| 2013 | $286200 + $43800 $330000 | $8262 |
| 2012 | $286200 + $43800 $330000 | $7997 |
| 2011 | $173400 + $50000 $223400 | $7442 |
| 2010 | $173400 + $50000 $223400 | $6599 |
| 2009 | $173400 + $50000 $223400 | $8026 |
| 2007 | $170000 + $50000 $220000 | $13481 |
| 2007 | $170000 + $50000 $220000 | $17111 |
$399900
NYStateAlliance
Relisted 2024-04-26
$399900
Chautauqua-Cattaraugus
Listing removed 2024-03-07
$0
Chautauqua-Cattaraugus
Listed 2023-09-13
$399900
Chautauqua-Cattaraugus
Sold 2019-11-14
$400000
Public Record
Sold 2009-12-29
$330000
Public Record
Sold 2008-03-25
$350000
Public Record
Sold 1993-10-01
$140000
Public Record
Operating Expense: 21
Operating Expense Includes: Insurance, Manager, WaterSewer
Year Built: 1960
Building Area Source: PublicRecords
Building Area Total: 6604
Construction Materials: Brick, Stucco, VinylSiding, WoodSiding, CopperPlumbing, PEXPlumbing
Foundation Details: Slab
Levels: One
Property Age: 64
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 1
Building Total Stories: 1
Year Built Details: Existing
Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.