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1 Reynolds St Alfred, NY 14802

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For Sale
$279,000

Three-unit apartment building near Alfred State and Alfred University campuses.

Lot size:
0.15 Acres

Property Features for 1 Reynolds St

General Information

Lot size
0.15 Acres

Building Details

Year built
1940

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Listing Contact
Shaune Henry
Source: Elliman

Listing Agent: Shaune Henry

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

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Overview

Three-Unit Apartment House Near Campuses

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Pharmacy Department Store Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Alfred
County
Allegany
State
New York
Longitude
-77.7918676
Latitude
42.2536357

FAQs

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 $279,000.
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.
More about this property
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