Building Details

Year Built 1953

Listing Agency: WNY METRO ROBERTS REALTY W***@gmail.com Show Phone

Listed By: Alicia Wittman · License #10301219240 Show Phone

Source: Elliman

Added: Apr 22 Changed: Jul 10 Last Checked: Aug 4 at 8:29AM

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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 WNY METRO ROBERTS REALTY

Investment Insights

Based on property information with market context.

This multifamily property presents an opportunity to acquire a cash-flowing asset. The property features four apartments, each with a 2-bedroom, 1-bathroom layout. A consistent history of tenancy and payments is associated with the property. Off-street parking is available. The property is located in a walkable neighborhood near Cattaraugus Creek and Zoar Valley. Residents in the Village of Gowanda enjoy a tight knit small-town lifestyle. The bike score is 38, indicating it is somewhat bikeable, and the walk score is 5, indicating car-dependent.

Key Highlights

• Cash‑flowing asset with consistent rental history.
• Four apartments, ideal for investment portfolio.
• Spacious 2‑bedroom, 1‑bathroom layouts.

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

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

251

Businesses Nearby

Explore this area Business Placement

Demographics for 14070, NY

5,093

Population

2,589

Households

2

Avg Household Size

44

Median Age

15%

College-Educated

88%

High-School Grad

50.8 sq mi

ZIP Area

100

Density / Sq Mi

$51,620

Median Household Income

$39,330

Median Earnings

$740

Median Rent

$100,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Four-unit multifamily property with consistent rental history and off-street parking.

Where is this quadplex located?

The property is located at 113 Torrance Pl Gowanda, NY.

What is the asking price?

The asking price for this property is $224,900.

What are key features of this property?

This property features: Cash‑flowing asset with consistent rental history.; Four apartments, ideal for investment portfolio.; Spacious 2‑bedroom, 1‑bathroom layouts.