Updated Systems Multifamily
For Sale
$109,999
Pending
144 Bank St, Batavia, NY 14020
Multifamily building with recent roof, furnaces, and water heaters, plus month-to-month tenant flexibility for renovations.
Property Size2,196 SF
Days on Market60
Property Features for 144 Bank St
General Information
Standard status
Pending
Size
2,196 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,096
Building Details
Building Size
2,196 SF
Year Built
1900
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
(585) 409-1088
Listed By:
Zachary Korzelius
(585) 409-1088
Source:
Elliman
Added: Jun 14
Changed: Aug 9
Last Checked: Aug 11 at 11:16AM
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 Zachary Korzelius
Investment Insights
Based on property information with market context.
144 Bank St in Batavia, NY is a multifamily residential income property offered for sale. The building has had several major capital improvements completed, including a new roof installed in 2015, along with two brand-new furnaces and two new water heaters added in 2024. Additional updates include select newer windows and partial plumbing updates. The current tenant leases are on a month-to-month basis.
The property is positioned for buyers seeking a renovation and repositioning opportunity in Batavia, with walkability reflected by a Walk Score of 80 and a Bike Score of 62. Offers will be reviewed as received, with no delayed negotiations mentioned in the remarks.
For investors or owner-operators, the month-to-month leasing structure can provide flexibility to adjust unit interiors as needed. With the recently installed roof and mechanical and hot water improvements already in place, a new owner may be able to focus on cosmetic upgrades and unit renovations to align the property with its next phase of operation. Buyers should review current lease terms and the scope of remaining updates during due diligence.
The property is positioned for buyers seeking a renovation and repositioning opportunity in Batavia, with walkability reflected by a Walk Score of 80 and a Bike Score of 62. Offers will be reviewed as received, with no delayed negotiations mentioned in the remarks.
For investors or owner-operators, the month-to-month leasing structure can provide flexibility to adjust unit interiors as needed. With the recently installed roof and mechanical and hot water improvements already in place, a new owner may be able to focus on cosmetic upgrades and unit renovations to align the property with its next phase of operation. Buyers should review current lease terms and the scope of remaining updates during due diligence.
Key Highlights
- Multifamily building built in 1900
- New roof installed in 2015
- Two brand‑new furnaces and two new water heaters added in 2024
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 14020, NY
22,627
Population
10,930
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
66.3 sq mi
ZIP Area
341
Density / Sq Mi
$59,834
Median Household Income
$43,031
Median Earnings
$915
Median Rent
$148,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily building with recent roof, furnaces, and water heaters, plus month-to-month tenant flexibility for renovations.
Where is this multifamily property located?
The property is located at 144 Bank St Batavia, NY.
What is the asking price?
The asking price for this property is $109,999.
What are key features of this property?
This property features: Multifamily building built in 1900; New roof installed in 2015; Two brand‑new furnaces and two new water heaters added in 2024
