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    292 E Dyke St Wellsville, NY 14895

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    For Sale
    $125,000

    Three-unit income property in Wellsville, all units currently rented.

    Lot size:
    0.16 Acres

    Property Features for 292 E Dyke St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1887

    Source: ERA Team VP Agent Jodi L Pearson

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

    Overview

    Wellsville Income Property For Sale

    This three-unit income property is centrally located in Wellsville. The first-floor apartment features two bedrooms, one full bath, a reading nook, and a porch. The second-floor walk-up apartment includes two bedrooms, one full bath, and an upper porch. The third-floor walk-up apartment has one bedroom and one full bath. Each apartment includes off-street parking. All three apartments are currently rented. The building is within walking distance of downtown Wellsville and an elementary school. Showings require 72-hour notice to accommodate tenants.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellsville
    County
    Allegany
    State
    New York
    Longitude
    -77.9307853
    Latitude
    42.1204293

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    FAQs

    What type of property is this?
    Triplex - Three-unit income property in Wellsville, all units currently rented.
    Where is this triplex located?
    The property is located at 292 E Dyke St Wellsville, 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: - Income-generating property with three currently rented apartments.; - Centrally located in Wellsville, within walking distance to downtown and elementary school.; - Each apartment includes off-street parking.
    (585) 610-8444
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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
    292 E Dyke St Wellsville, NY 14895
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