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Four-Unit Property with Separate Entrances
For Sale
$139,000

111 W Main Street, Allegany, NY 14706

Residential, Allegany, NY

Property Size2,856 SF
Lot Size0.07 Acres
Price / SF$48.67
Days on Market8

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 4, Bedroom 6, Bedroom 7, Bathroom 1, Basement, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3
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 2573

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, Laminate, Varies
Building materials CompositeSiding, FiberCement
Architectural style Other
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Regis Handley · License #10301215129
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 22 at 2:06PM
MLS# R1714952

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 multifamily property at 111 W Main Street contains 2,856 square feet on a 0.066-acre parcel. The 1950 building includes four bathrooms, multiple bedrooms, a basement, and separate entrances for each unit. Interior finishes include hardwood, vinyl, and laminate flooring, while exterior construction incorporates composite siding and fiber cement.

The property is in Allegany, NY, near St. Bonaventure University and downtown Allegany. Public water serves the building, with natural-gas heating and a gas water heater. Its existing four-unit configuration provides a clearly defined residential income property layout.

Key Highlights

  • Four‑unit multifamily property with separate entrances
  • 2,856 square feet on a 0.066‑acre lot
  • Built in 1950

Property Analytics

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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

4
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Multifamily building with distinct entrances, varied flooring, natural-gas heat, and public water service.
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 $139,000.
What are key features of this property?
This property features: Four‑unit multifamily property with separate entrances; 2,856 square feet on a 0.066‑acre lot; Built in 1950
More about this property
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