Well-Maintained Mayville Multifamily
10 E Evans Street Mayville, NY 14757
10 E Evans Street, Mayville, NY, 14757
$199,000
For Sale
$199,000
MULTI_FAMILY - Other - Mayville, NY
Property Size2,128 SF
Lot Size0.24 Acres
Price / SF$93.52
Days on Market52
Property Features for 10 E Evans Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4
- Parking features
- Paved or Surfaced
- Patio and Porch features
- Porch
- Interior features
- CeilingFans
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 062801-262-007-0004-056-000
- Size
- 2,128 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2513
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Tile, Hardwood, Varies
- Building materials
- VinylSiding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing Agency
Century 21 Turner Brokers
(716) 763-7506
4 E Fairmount Ave., Lakewood, NY
Listed by
William Rollinger · License #40RO0661317
(716) 665-9777
Added: May 26 Checked: Jul 16 at 3:06 pm
MLS# R1682967
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.
Investment Insights
Based on property information with market context.
Located in the village of Mayville, New York, this well-maintained two-family property at 10 East Evans Street is within walking distance of Chautauqua Lake, shopping, a grocery store, village restaurants, the library, and various churches. Each of the two units features 2 bedrooms and 1 full bath. Apartment one includes a rear doorway to its own back deck, while apartment two has a side door to a smaller covered deck. Apartment one features a living and dining room area with hardwood floors that flows into the kitchen with laminate flooring, cabinets, refrigerator, and stove. The second floor has carpeted bedrooms, each with a closet, and a full bath with a claw foot tub and shower combination. A laundry area is located in the basement. Apartment two has a front entry into the living room with hardwood floors that flows into a formal dining room with a side exterior door and stairway to the second floor. Beyond the dining room is an eat-in kitchen with laminate flooring, a refrigerator, and a stove, along with a laundry area off the kitchen. The second floor contains two carpeted bedrooms, each with a closet, and a spacious full bathroom with a tub and shower combination. The property includes separate electric and gas meters, along with separate electrical panels with circuit breakers. The building has replacement thermal pane windows throughout, and the plumbing contains copper piping. The heating units are gas forced air and were replaced in each unit in 2014. Each unit rents for $825 per month. There is a large shed in the backyard on a concrete floor with its own electrical service and workbench area. Each unit has off-street parking on either side of the building. The property size is 2128 square feet and sits on a 0.2433-acre lot. The property has a strong rental history.
Key Highlights
- Well‑maintained 2‑family home in the village of Mayville, NY with 2 bedrooms and 1 full bath in each unit
- Each unit has separate electric and gas meters with separate electrical panels (circuit breakers)
- Gas forced‑air heating: heating units replaced in each unit in 2014; gas water heater
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 | $28.7k | $13.50 |
| − Vacancy | −$3.6k | −$1.68 |
| EGI | $25.2k | $11.82 |
| − OpEx | −$7.5k | −$3.55 |
| NOI | $17.6k | $8.27 |
2,128 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$251.5K
$220.1K – $293.5K
NOI $17,608 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$230.2K
$201.4K – $268.5K
NOI $16,111 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$636.9K
$557.3K – $743.1K
NOI $44,586 @ 7.0% cap · market cap 22.41%
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-unit property near Chautauqua Lake with strong rental history.
Where is this duplex located?
The property is located at 10 E Evans Street Mayville, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home in the village of Mayville, NY with 2 bedrooms and 1 full bath in each unit; Each unit has separate electric and gas meters with separate electrical panels (circuit breakers); Gas forced‑air heating: heating units replaced in each unit in 2014; gas water heater
