Listing Courtesy of: 716-413-1500 - Michael Heald - Premier Realty & Investments
716-679-7653
$575,000
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185 Central Ave Fredonia, NY 14063
Multi-Family
Residence
17
Beds
9
Baths
3,512
Sq. Ft.
1.5
Acre
Lot
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ATTENTION INVESTORS! Check out this excellent investment opportunity in the village of Fredonia. This beautiful and spacious student rental complex consists of three 4 bedrrom apartments and one 5 bedroom apartment. Located on Central Avenue directly across from the SUNY Fredonia president's house, ...these fully furnished rental units are highly desired by students who wish to be within walking distance of campus. A large parking lot with enough soace for 40 cars is shared with 9 Forbes place. 9 Forbes place Is being offered along with this property as a package. Current leases are in place for the 2024/2025 school year for 3 of the 4 units. Current leases project gross annual income of $65,000 with the flexibility to substantially add to this number. Located within walking distance of downtown Fredonia, D&F Plaza, and directly across the street from the SUNaY Fredonia campus. Schedule your viewing today!
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MLS#
R1554270
Property Type
Multi-Family
Bedrooms
17
Bathrooms
5 Full/4 Half
Year Built
1900
Square Feet
3,512
sq. ft
Lot Size
1.5
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