Two-Unit Duplex with Patio and
For Sale
$219,000
3462 Old Bridge Road, Stow, NY 14785
MULTI_FAMILY - Other - Stow, NY
Property Size1,698 SF
Lot Size0.12 Acres
Price / SF$128.98
Days on Market58
Property Features for 3462 Old Bridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2
Window features
Drapes
Patio and Porch features
Deck, Patio, Porch
Interior features
CeilingFans, SlidingGlassDoors, WindowTreatments
Exterior features
Deck, Patio
Appliances
PropaneWaterHeater, TanklessWaterHeater
Lot features
Irregular Lot, Residential Lot
Elementary school district
Chautauqua Lake
Middle school district
Chautauqua Lake
High school district
Chautauqua Lake
Directions
Just after the Bridge- turn near Hogans Hut go past Hogans Hut and it will be the second road on the right. you will see the sign.
Subdivision
North Harmony-065400
Standard status
Active
APN
065400-332-016-0001-053-000
Size
1,698 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
1861
Utilities
Heating system
Forced Air, Propane (Heating)
Water source
Well
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl, Varies
Building materials
VinylSiding, WoodSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Real Estate Advantage
(716) 484-2020
Listed By:
Yvette Jordan · License #10401208583
(716) 790-0042
Added: Jun 9
Changed: Aug 4
Last Checked: Aug 5 at 3:06AM
MLS# R1687601
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-unit duplex setup with two separate homes on one property, currently used as day/week/month rentals. The first home offers two bedrooms, an eat-in kitchen, one bathroom, and a covered patio. The second home features an open-concept living, dining, and kitchen area, plus a loft-style bedroom and an additional bedroom with vaulted ceilings and skylights, along with a large covered deck.
Recent renovations over the past few years include a new metal roof and furnace for both homes. The first home was remodeled with a new kitchen and bathroom, interior paint, and vinyl flooring throughout. The second home was painted 6 years ago and had a new furnace installed. Interior features include ceiling fans, sliding glass doors, and window treatments; appliances include propane and tankless water heating. The property is served by a well and features vinyl and wood siding.
The location is within walking distance of Chautauqua Lake and about four miles from the Chautauqua Institution, with proximity to I-86 and a short walk to the Bemus Point Stow Ferry. Note that there are two homes for sale, and both homes are included in the sale.
Recent renovations over the past few years include a new metal roof and furnace for both homes. The first home was remodeled with a new kitchen and bathroom, interior paint, and vinyl flooring throughout. The second home was painted 6 years ago and had a new furnace installed. Interior features include ceiling fans, sliding glass doors, and window treatments; appliances include propane and tankless water heating. The property is served by a well and features vinyl and wood siding.
The location is within walking distance of Chautauqua Lake and about four miles from the Chautauqua Institution, with proximity to I-86 and a short walk to the Bemus Point Stow Ferry. Note that there are two homes for sale, and both homes are included in the sale.
Key Highlights
- Two homes on one property used as day/week/month rentals
- 0.12‑acre lot and 1,698 SF duplex setup
- Metal roof and new furnaces for both homes in recent years
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.9k | $13.50 |
| − Vacancy | −$2.9k | −$1.68 |
| EGI | $20.1k | $11.82 |
| − OpEx | −$6.0k | −$3.55 |
| NOI | $14.0k | $8.27 |
1,698 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.7K
$175.6K – $234.2K
NOI $14,050 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$183.6K
$160.7K – $214.3K
NOI $12,855 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$508.2K
$444.7K – $592.9K
NOI $35,576 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 14785, NY
54
Population
32
Households
1.7
Avg Household Size
63
Median Age
0.2 sq mi
ZIP Area
270
Density / Sq Mi
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two homes on one property, both renovated in recent years, with metal roof, propane heating, and covered outdoor space.
Where is this duplex located?
The property is located at 3462 Old Bridge Road Stow, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two homes on one property used as day/week/month rentals; 0.12‑acre lot and 1,698 SF duplex setup; Metal roof and new furnaces for both homes in recent years
