Wellsville, NY 14895,118 Madison ST

$68,500

$69,900

2.0%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

3,763 SqFt


SOLD DATE : 08/23/2023

Key Details

Sold Price $68,500

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,763 sqft

Price per Sqft $18

MLS Listing ID S1469520

Sold Date 08/23/23

Bedrooms 6

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1875

Annual Tax Amount $5,310

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 67X110

Property Description

Great Investment Opportunity!

This 2 story house is a 3 unit apartment complex.  The downstairs apartment A is a large 2 bedroom, 1 full bath unit, and apartment B is a 1 bedroom, 1 full bath unit.  The upper apartment C is a large 3 bedroom, 1 bathroom unit with laundry hookup.  The property has electric baseboard for heat, gas cookstoves and public water and sewer.

All 3 units are currently rented with a total income of $2,200 per month.  The tenants pay all utilities.  Off street parking is available for all units.  The lot size is 0.16 acres.

The property is within walking distance to the local shops, stores and restaurants.  Also, it is just a short drive to the Alfred State Wellsville campus.

Location

State NY

County Allegany

Area Wellsville-Village-027001

Direction NY-19S to W. Madison/Madison Street.

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s)

Heating Electric, Baseboard

Flooring Other, See Remarks

Fireplace No

Appliance Electric Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Wellsville

Others

Tax ID 027001-239-009-0001-005-000-0000

Acceptable Financing Other, See Remarks

Listing Terms Other, See Remarks

Financing Conventional

Special Listing Condition Standard

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Listed by Landquest Inc. • 585.610.0750
Bought with Landquest Inc.

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Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

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