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$74,900   Price Analysis
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69-71 River St
Salamanca, NY 14779
6 bed 2 bath 3,157 SqFt ($23/SqFt)
0.49 acre lot. Built 1925
Listed 2023-10-11
USDA Eligible
near Salamanca, NY
 Restrictions may apply
due to home size

An investment GOLDMINE!!!

* Sale Pending *

Here's your chance to add to your real estate portfolio with a solid side-by-side 2-unit home! Unit #1 offers a classic style floorplan with foyer area, formal living and dining rooms, gally style kitchen and laundry room! Owners had started installing a half bathroom off from the kitchen - materials are there and ready for the project to be completed! Fair market rent for this apartment could run $900+/month! Upstairs of Unit #1 you'l l find 3 generously sized bedrooms and an updated full bathroom. Unit # has a long established rental history with current tenant. This unit offers a much more open floor plan including a big kitchen and full bathroom with laundry!

The second story of this unit also features 3 nice sized bedrooms. Both units have decks that overlook the backyard - a HALF ACRE of land!!! Each unit also has its own separate basement entrances, parking areas and utilities! If you're looking at starting out - what better investment? The true, live in one unit and let the other pay for your mortgage! For the investor at heart, this one will have it paying for itself in no time!


Presented by Ciji L. Riley-vandyke at
VanDyke LLC.
Listing Agent Photo

Property MLS #B1503675 from NYStateAlliance

Bedrooms: 6

Total Bathrooms: 2
Full Bathrooms: 2

ElectricWaterHeater

Heating Features: Gas, ForcedAir
Heating: Yes

Flooring: Carpet, Hardwood, Varies, Vinyl

Basement Description: Full, WalkOutAccess

Deck
Patio And Porch Features: Deck
Road Frontage Type: CityStreet

Lot Description: ResidentialLot
Lot Size Acres: 0.491
Lot Size Dimensions: 69X310
Lot Size Square Feet: 21390

Garage Spaces: 2
Garage Description: TwoorMoreSpaces
Parking Features: TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Salamanca
High School District: Salamanca
Middle or Junior School District: Salamanca

Salamanca High School is a public middle and high school located approximately 1.1 miles away.
directions icon Map directions

Seneca Elementary School is a public elementary and middle school located approximately 1.3 miles away.
directions icon Map directions

Number of Units In Community: 2
Number of Units: 2

Tenant Pays: AllUtilities

Annual Tax Amount: 1165
Source Listing Status: Pending
County: Cattaraugus
Cross Street: Chestnut Street
Directions: Google Maps - 69-71 River Street, Salamanca, NY 14779
Source Property Type: Residential
Area: Salamanca-City-041600
Source Neighborhood: Salamanca-City-041600
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Parcel Number: 041600-073-071-0003-004-000-0000
Postal City: Salamanca
Property Subtype: MultiFamily
Source System Name: C2C

Listed 2023-10-11
$74,900
NYStateAlliance

Net Operating Income: -1165

Total Square Feet Living: 3157
Year Built: 1925
Building Area Source: PublicRecords
Building Area Total: 3157
Construction Materials: PEXPlumbing
Foundation Details: Stone
Levels: Two
Property Age: 99
Property Condition: Resale
Roof: Metal
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Duplex

Electric: CircuitBreakers
Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
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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.