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Quadplex with Separate Entrances
For Sale
$132,900

111 W Main Street, Allegany, NY 14706

MULTI_FAMILY - Other - Allegany, NY

Property Size2,856 SF
Lot Size0.07 Acres
Price / SF$46.53
Days on Market147

Property Features for 111 W Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 4, Bathroom 3, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 6, Bedroom 5
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Allegany-Limestone
Middle school district Allegany-Limestone
High school district Allegany-Limestone
Subdivision Allegany-Village-042001
Standard status Active
APN 042001-093-043-0001-018-000-0000
Size 2,856 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 2555

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 4
Flooring type Hardwood, Vinyl, Varies, Laminate
Building materials CompositeSiding, FiberCement
Architectural style Other
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Regis Handley · License #10301215129
Added: Mar 23 Changed: Aug 4 Last Checked: Aug 16 at 4:06PM
MLS# R1668497

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.

This four-unit quadplex includes separate entrances for each unit, designed to support flexible rental configurations. The property totals 2,856 square feet, sits on a 0.066-acre lot, and was built in 1950. Interior finishes include a mix of vinyl, laminate, hardwood, and other flooring types, with two bathrooms listed in the room mix and multiple bedrooms across the units.

The home is equipped with natural gas heating and a gas water heater. Water service is provided via public water. Exterior construction materials include composite siding and fiber cement.

Located in Allegany, the property is described as a rental-focused investment near St. Bonaventure University, with the four-unit setup offering a practical format for both student housing and long-term tenants.

Key Highlights

  • Four‑unit quadplex with separate entrances for each unit
  • 2,856 SF total building area
  • 0.066‑acre lot

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.

Lease Details

Multi-tenant
Tenancy

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 quadplex featuring separate entrances and natural gas heating with public water service available.
Where is this quadplex located?
The property is located at 111 W Main Street 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: Four‑unit quadplex with separate entrances for each unit; 2,856 SF total building area; 0.066‑acre lot
More about this property
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