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334 S Forest Rd Amherst, NY 14221

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For Sale
Pending
$499,900

Tastefully updated three-unit property with strong rental demand.

Lot size:
0.29 Acres

Property Features for 334 S Forest Rd

General Information

Property type
Multi Family
Standard status
Pending
Lot size
0.29 Acres

Building Details

Year built
1947

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Listing Contact
Enas L Latif
Enas L Latif
Source: Elliman

Listing Agent: Enas L Latif

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

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Overview

Updated Triplex in Amherst, NY

This brick three-unit property features a front single-family home and a well-maintained two-unit building behind it. The front single-family home is vacant and includes 3 bedrooms, 1.5 bathrooms, a family room, a living room, and an eat-in kitchen with white cabinets. It also features three fireplaces. The two-unit generates $3,400 per month. The upper apartment has 2 bedrooms, 1 bathroom, hardwood floors, and an updated kitchen. The lower unit has 1 bedroom, 1 bathroom, garage parking, and comfortable living space. Major mechanicals are in excellent condition, including a furnace and AC in the double updated in 2020, plus a roof within the past 7 years and a resealed driveway within the past 8 years. Located within the Williamsville School District, this property offers strong rental demand and long-term stability. The front single family home was previously leased for $2,250/month.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Amherst
County
Erie
State
New York
Longitude
-78.7579245
Latitude
42.951236

FAQs

What type of property is this?
Triplex - Tastefully updated three-unit property with strong rental demand.
Where is this triplex located?
The property is located at 334 S Forest Rd Amherst, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: - Over 6% Cap Rate: Provides a strong return on investment.; - Versatile Investment/Owner-Occupant Opportunity: Live in the vacant single-family home while the two-unit generates rental income.; - Strong Rental Income: The two-unit generates $3,400/month.
More about this property
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