Listed price in listed location currency (USD).
$209,900

440

MLS® S1698949

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2720 sqft
Garage 
Taxes $2,581
Days Active 13
Lot Size 0.23 Acres
Approx. Age 1900
Avg. Price Per Sqft $77
MLS® Number S1698949

Property Address: 7411 Leonard Avenue, Caneadea, NY, 14744

Average square foot calculated using Size range provided by listing agent.

Description

This 4-unit investment opportunity is located in the heart of Houghton NY, Allegany County. Capitalize on the consistent demand of Houghton's college rental market with this 2, 720-square-foot, four-unit investment property located on a quiet dead-end street within walking distance of Houghton University. Currently between academic-year leases, the property offers the opportunity to secure tenants for the upcoming school year while acquiring an established student rental property. Each of the four apartments offers one bedroom, one full bath, a spacious living room, and a large kitchen complete with appliances. The building includes two units on the main level and two upstairs with a covered front porch for the lower units, a second-story balcony for the upper units, and convenient off-street parking. Major capital improvements have already been completed including a newer metal roof, recently painted exterior, and newer high-efficiency gas furnace helping reduce future maintenance costs. Whether you're expanding an existing portfolio or purchasing your first multi-family investment, this property combines a sought-after location, a proven student rental layout, and significant infrastructure updates in one income-producing asset. With strong demand driven by Houghton University, a walkable location, and key improvements already in place, this property is well-positioned for dependable rental income and long-term investment potential.
MLS® NumberS1698949
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayGravel
Garage Spaces
HeatGas, Forced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2026List Date
$209,900List Price
  • Commute

Commute

Starting Address
Destination Address
7411 Leonard Avenue, Caneadea, NY

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