$184,900
Pending
324 Days Online
7 Beds2 Baths2,912 SQFT
Pending

64 Center Street Pomfret, NY 14063

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Great investment opportunity! This 7 bedroom home has been a student rental for many years - it can be used as a single 7 bedroom home or as a 3 and 4 bedroom duplex by simply closing two doors. There are 4 bedrooms downstairs with a kitchen, full bath, dining room and living room. The upstairs unit has 3 bedrooms, a full bath, kitchen and living room. The mechanical systems and a coin operated washer & dryer are in the basement. A large driveway provides plenty of parking and there is also a two car detached garage as well as a garden shed for lots of storage. Current rents are $2800/student/semester for a yearly gross income of $39, 200. Most windows are thermopane, new metal roof in 2016, most of the flooring and carpeting was replaced in 2021, new hot water tank in 2023, a regularly serviced Dunkirk boiler with hot water radiators provides reliable heat. In order to facilitate a quick sale, this property is being listed well under its current income based market value of $255, 000! This home is normally fully rented each school year. Currently, there are 6 leases signed for Fall 2023 and 5 for Spring 2024. Don't miss this great deal on a proven money maker!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyChautauqua
  • Taxes$4,225
  • HOA/Condo/Coop Fees$0
  • Days on Site324 Days
  • MLS StatusPending
  • MLS ID NumberR1481900
  • Home Size Source Public Records
  • Year Built1900
  • Lot Size0.2985 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Duplex
  • Construction Vinyl Siding
  • Parking GravelPavedTwoor More Spaces
  • Basement PartialSump Pump
  • Number of Stories 222
  • Acreage 0.2985
  • Water Public
  • Cross Street Barker
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Utilities Cable AvailableSewer ConnectedWater Connected
  • Foundation Stone
  • Listing Conditions Standard

Interior Features

  • Heating GasHot Water
  • Appliances Gas Water Heater
  • Flooring CarpetVariesVinyl
  • Interior Natural Woodwork
  • Fireplaces 0
  • Laundry Features Common Area
  • Window Features Thermal Windows
  • Fireplace No

Exterior Features

  • Roof Metal
  • Fencing Partial
  • Waterfront Property No
  • Exterior Fence

Community Features

  • Township Fredonia-Village
  • MLS Area Fredonia-Village-065801

Schools

School District
Fredonia
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$979
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