Three-Unit Apartment House Near
For Sale
$275,000
1 Reynolds St, Alfred, NY 14802
Three-unit apartment building near Alfred State and Alfred University campuses.
Property Size2,392 SF
Lot Size0.15 Acres
Days on Market266
Property Features for 1 Reynolds St
General Information
Standard status
Active
Size
2,392 SF
Lot size
0.15 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,377
Building Details
Building Size
2,392 SF
Year Built
1940
Stories
2
Units
3
Listing Agency:
Hunt Real Estate ERA
(607) 382-3617
Listed By:
Shaune Henry · License #30HE0499719
(607) 382-3617
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:52PM
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 Hunt Real Estate ERA
Investment Insights
Based on property information with market context.
This three-unit apartment house is situated in a location convenient to both Alfred State and Alfred University campuses. The layout includes a four-bedroom apartment on the first floor, a two-bedroom apartment on the second floor, and another two-bedroom apartment on the third floor. The property is currently rented throughout the academic year. Rent is paid by the semester at a rate of $2500.00 per person per semester; a $100.00 discount is offered for on-time payments, resulting in an income based on 8 tenants at $2400.00 each. The sellers require a closing date after January 1, 2026.
Key Highlights
- Income‑generating property currently rented through the academic year.
- Located near Alfred State and Alfred University campuses.
- Consists of three apartments: one 4‑bedroom and two 2‑bedroom units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 14802, NY
4,016
Population
675
Households
5.9
Avg Household Size
22
Median Age
69%
College-Educated
95%
High-School Grad
1.1 sq mi
ZIP Area
3,651
Density / Sq Mi
$44,659
Median Household Income
$5,749
Median Earnings
$800
Median Rent
$169,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three-unit apartment building near Alfred State and Alfred University campuses.
Where is this apartment building located?
The property is located at 1 Reynolds St Alfred, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Income‑generating property currently rented through the academic year.; Located near Alfred State and Alfred University campuses.; Consists of three apartments: one 4‑bedroom and two 2‑bedroom units.
