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    416 E Center St Medina, NY 14103

    For Sale
    $125,000

    Three-unit apartment building near downtown Medina, all units currently rented.

    Property size:
    1,800 SF
    Lot size:
    0.27 Acres

    Property Features for 416 E Center St

    General Information

    Size
    1,800 SF
    Lot size
    0.27 Acres

    Building Details

    Year built
    1870

    Source: Keller Williams Buffalo Niagara Agent James Theodorakos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medina Village Three-Unit Apartment Building

    This three-unit apartment building is located near the downtown area in the Village of Medina. All apartments are rented on a month-to-month basis. The first floor features two studio apartments, which are heated by electricity. The upstairs apartment has three to four bedrooms and is heated by boiler-fired hot water. Tenants pay their own utilities, except the owner pays the water bill for the two studio apartments. The current rent schedule is $700, $525, and $425. Driveways on either side of the house provide parking. The property size is 1800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Orleans
    State
    New York
    Longitude
    -78.377888
    Latitude
    43.220133

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    FAQs

    What type of property is this?
    Triplex - Three-unit apartment building near downtown Medina, all units currently rented.
    Where is this triplex located?
    The property is located at 416 E Center St Medina, NY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Three-unit apartment building offers income potential.; - Conveniently located near downtown Medina.; - Driveways on both sides of the house provide ample parking.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416 E Center St Medina, NY 14103
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