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Four-Unit Property Near St. Bonaventure
For Sale
$132,900

111 W Main St, Allegany, NY 14706

Four-unit property in Allegany, NY, near St. Bonaventure University.

Property Size2,856 SF
Lot Size0.07 Acres
Days on Market149

Property Features for 111 W Main St

General Information

Standard status Active
Size 2,856 SF
Lot size 0.07 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,555

Building Details

Building Size 2,856 SF
Year Built 1950
Stories 2
Units 4
Listing Agency: Howard Hanna Holt Real Estate
Listed By: Regis Handley · License #10301215129
Source: Elliman
Added: Mar 25 Changed: Aug 15 Last Checked: Aug 19 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Holt Real Estate

Investment Insights

Based on property information with market context.

This four-unit property is located in Allegany, NY, minutes from St. Bonaventure University. The property offers rental potential and is suitable for student housing or long-term tenants. Each unit features separate entrances. The property is located in a high-demand rental area, benefiting from consistent occupancy due to its proximity to the university, local amenities, and downtown Allegany. This multi-unit property offers income potential.

Key Highlights

  • Prime location in Allegany, NY, near St. Bonaventure University.
  • Strong rental potential due to high demand and proximity to the university.
  • 4‑unit property ideal for student housing or long‑term tenants.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Nail Salon Law Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 14706, NY

5,910
Population
2,828
Households
2.1
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
73
Density / Sq Mi
$76,029
Median Household Income
$48,518
Median Earnings
$789
Median Rent
$170,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Allegany, NY, near St. Bonaventure University.
Where is this quadplex located?
The property is located at 111 W Main St Allegany, NY.
What is the asking price?
The asking price for this property is $132,900.
What are key features of this property?
This property features: Prime location in Allegany, NY, near St. Bonaventure University.; Strong rental potential due to high demand and proximity to the university.; 4‑unit property ideal for student housing or long‑term tenants.
More about this property
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