Lakefront Multi-Unit Residential
6040 & 6044 Mill Road, Mayville, NY 14757
MULTI_FAMILY - Other - Mayville, NY
Property size:
3,176 SFLot size:
0.43 AcresPrice / SF:
$154/SF- Added:
- Nov 28, 2025
- Days on Market:
- 211
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 6040 & 6044 Mill Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
- Parking features
- Garage, Open
- Patio and Porch features
- Deck, Patio
- Interior features
- CeilingFans
- Exterior features
- Balcony, Deck, Dock, Fence, Patio
- Fencing
- Fenced
- Fireplace
- 1
- Accessibility
- Accessible Approach with Ramp
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 062889-246-013-0003-049-000
- Size
- 3,176 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4640
Utilities
- Heating system
- Baseboard, Natural Gas, Zoned, Hot Water(Heating), Electric (Heating), Forced Air
- Cooling system
- Central Air, Zoned, Wall Unit(s)
- Water source
- Public
- Water front features
- Canal Access, Beach Access
- Water front
- 1
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Varies, Carpet, Tile, Vinyl
- Building materials
- AtticCrawlHatchwaysInsulated, VinylSiding, WoodSiding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Nicholas Holt License #10401209202 (716) 581-1347
Listing office Howard Hanna Holt - Mayville W Lake Rd, PO Box 174, Mayville, NY (716) 753-7880
Listing date Nov 28, 2025
MLS# R1652548
Listing URL
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.
HighLights
- Lake Chautauqua canal access with 105 ft canal frontage and 85 ft with dock
- 1980‑built 3BR/1BA ranch with single‑level living, central A/C, and enclosed back porch
- Updated interior: all areas except the kitchen redone within the last decade (ask for update list)
- Duplex includes two 2BR/1BA units, each with separate meters and in‑unit laundry
- Accessibility features include an accessible approach with ramp and stairless entry in the lower unit
- Detached garage is at least two cars deep with three separate rooms for storage or workshop use
Overview
The offering includes a 3-bedroom, 1-bath ranch home plus a duplex containing two 2-bedroom, 1-bath units. The ranch provides single-level living and is described as having central A/C and an enclosed back porch. Outdoor features include a fenced yard with a patio, fire pit, and gazebo, along with canal frontage and dock access. A large detached garage is also included, described as at least two cars deep with three separate rooms for storage or workshop use. The duplex units are described as well maintained, with the lower unit noted as having stairless entry and accessibility-friendly features. The upper unit is described as offering open living space, two bedrooms, its own laundry, and a balcony.
The properties are located at 6040 & 6044 Mill Road in Mayville, New York, on canal frontage associated with Lake Chautauqua. The data indicates 105 feet of canal frontage and 85 feet with a dock.
With separate meters and in-unit laundry for each unit, the property is well suited for an owner-occupant who wants residential income on-site, or for an investor seeking a multi-unit configuration within a lake-oriented setting. The combination of single-level ranch living and two additional apartments provides flexible use scenarios for year-round residence, guest space, or rental use, based on how the buyer plans to operate the units.
The properties are located at 6040 & 6044 Mill Road in Mayville, New York, on canal frontage associated with Lake Chautauqua. The data indicates 105 feet of canal frontage and 85 feet with a dock.
With separate meters and in-unit laundry for each unit, the property is well suited for an owner-occupant who wants residential income on-site, or for an investor seeking a multi-unit configuration within a lake-oriented setting. The combination of single-level ranch living and two additional apartments provides flexible use scenarios for year-round residence, guest space, or rental use, based on how the buyer plans to operate the units.
Local 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 | $42.9k | $13.50 |
| − Vacancy | −$5.3k | −$1.68 |
| EGI | $37.5k | $11.82 |
| − OpEx | −$11.3k | −$3.55 |
| NOI | $26.3k | $8.27 |
3,176 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$375.4K
$328.5K – $438.0K
NOI $26,280 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$343.5K
$300.6K – $400.8K
NOI $24,045 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$950.6K
$831.8K – $1.11M
NOI $66,544 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Mayville
- County
- Chautauqua
- State
- New York
- Longitude
- -79.476663
- Latitude
- 42.263628
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multi-property package with a ranch and a duplex, each with separate meters and in-unit laundry.
Where is this duplex located?
The property is located at 6040 & 6044 Mill Road Mayville, NY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Lake Chautauqua canal access with 105 ft canal frontage and 85 ft with dock; 1980‑built 3BR/1BA ranch with single‑level living, central A/C, and enclosed back porch; Updated interior: all areas except the kitchen redone within the last decade (ask for update list)
