64 Center Street Pomfret, NY 14063
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