Upper/Lower Duplex with Two
New
For Sale
$279,000
12050 Savage Road, Chaffee, NY 14030
MULTI_FAMILY - Other - Chaffee, NY
Property Size2,032 SF
Lot Size0.50 Acres
Price / SF$137.30
Days on Market4
Property Features for 12050 Savage Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Basement, Bathroom 1, Bedroom 3
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Pioneer
Middle school district
Pioneer
High school district
Pioneer
Directions
Heading northbound on Route 39, turn left onto Savage Road.
Subdivision
Sardinia-146200
Standard status
Active
APN
146200-311-180-0001-034-000
Size
2,032 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
2721
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Well
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet, Varies
Building materials
VinylSiding, WoodSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNY Metro Roberts Realty
(716) 662-0449
Listed By:
Jessica Petri · License #10401361674
(716) 498-1330
Added: Jul 29
Last Checked: Jul 31 at 11:06PM
MLS# B1702282
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 well-maintained upper/lower duplex offers two separate apartments. Each unit includes two bedrooms, one full bathroom, and a living room with a functional layout.
The property is located at 12050 Savage Road in Chaffee, NY. It’s described as being about 10 minutes from Springville and about 8 minutes from Arcade.
Recent improvements noted in the listing include new windows installed about four years ago and a new roof installed about eight years ago.
The property is located at 12050 Savage Road in Chaffee, NY. It’s described as being about 10 minutes from Springville and about 8 minutes from Arcade.
Recent improvements noted in the listing include new windows installed about four years ago and a new roof installed about eight years ago.
Key Highlights
- Well‑maintained upper/lower duplex built in 1920
- Each unit offers 2 bedrooms, 1 full bathroom, and a living room
- Updates include new windows installed 4 years ago
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.0k | $13.80 |
| − Vacancy | −$9.4k | −$4.61 |
| EGI | $18.7k | $9.19 |
| − OpEx | −$5.6k | −$2.76 |
| NOI | $13.1k | $6.43 |
2,032 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.6K
$163.3K – $217.8K
NOI $13,065 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$167.6K
$146.7K – $195.5K
NOI $11,732 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$444.2K
$388.7K – $518.2K
NOI $31,094 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 14030, NY
1,755
Population
791
Households
2.2
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
83
Density / Sq Mi
$84,792
Median Household Income
$49,069
Median Earnings
$743
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A well-maintained upper/lower duplex with two 2-bedroom, 1-bath units, including updated windows and roof.
Where is this duplex located?
The property is located at 12050 Savage Road Chaffee, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Well‑maintained upper/lower duplex built in 1920; Each unit offers 2 bedrooms, 1 full bathroom, and a living room; Updates include new windows installed 4 years ago
