Two-Family Home with
6748 Cedar Street Akron, NY 14001
6748 Cedar Street, Akron, NY, 14001
$339,000
For Sale
$339,000
MULTI_FAMILY - Other - Akron, NY
Property Size1,972 SF
Lot Size0.50 Acres
Price / SF$171.91
Days on Market58
Property Features for 6748 Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bedroom 2
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 145689-033-000-0002-047-000
- Size
- 1,972 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4525
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Carpet, Varies
- Building materials
- VinylSiding
- Architectural style
- Other
Listing agency
WNY Metro Roberts Realty
(585) 968-4450
Listed by
Michelle McCulloch · License #10401355401
(585) 329-0963
Added: May 26 Updated: Jul 18 at 9:55AM Checked: Jul 22 at 6:06AM
MLS# B1683182
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.
Located just outside the Village of Akron, this two-family home offers two separate living spaces that could be returned to a one-family configuration. The property includes a large barn that provides additional versatility for garage space, storage, hobbies, or a workshop setup. Updates have been made over the years while the home retains much of its original character.
Separate utilities are in place, with municipal water and sewer for added convenience and functionality. The home sits on approximately half an acre, providing outdoor space that is uncommon for multifamily properties.
Set up as a long-term family residence, this property is offered in move-ready condition with solid bones and room for a new owner’s personal touches.
Separate utilities are in place, with municipal water and sewer for added convenience and functionality. The home sits on approximately half an acre, providing outdoor space that is uncommon for multifamily properties.
Set up as a long-term family residence, this property is offered in move-ready condition with solid bones and room for a new owner’s personal touches.
Key Highlights
- Two‑family home built in 1920 with two living spaces that could be reconfigured into a one‑family layout
- Set on approximately half an acre with a large barn for potential garage space, storage, hobbies, or workshop use
- Separate utilities for the two‑family setup, with public municipal water and sewer
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 | $27.2k | $13.80 |
| − Vacancy | −$9.1k | −$4.61 |
| EGI | $18.1k | $9.19 |
| − OpEx | −$5.4k | −$2.76 |
| NOI | $12.7k | $6.43 |
1,972 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$181.1K
$158.5K – $211.3K
NOI $12,679 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$162.7K
$142.3K – $189.8K
NOI $11,386 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$431.1K
$377.2K – $502.9K
NOI $30,176 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family residence with separate utilities and municipal water and sewer, plus a large barn for flexible storage and workspace use.
Where is this duplex located?
The property is located at 6748 Cedar Street Akron, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with two living spaces that could be reconfigured into a one‑family layout; Set on approximately half an acre with a large barn for potential garage space, storage, hobbies, or workshop use; Separate utilities for the two‑family setup, with public municipal water and sewer
