Updated Triplex with Leased Pole
For Sale
$639,900
Pending
7041 Clinton St 1, Elma, NY 14059
For sale triplex with three rented apartments and an additional leased 60' x 60' pole barn.
Property SizeContact for details
Days on Market48
Property Features for 7041 Clinton St 1
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1993
Tenancy
Multi
Listing Agency:
(716) 622-1323
Listed By:
Donald Zappia
(716) 622-1323
Source:
Elliman
Added: Jun 21
Changed: Jul 10
Last Checked: Aug 7 at 1:01AM
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 Donald Zappia
Investment Insights
Based on property information with market context.
This well-maintained triplex offers three residential units with updated interiors and a total income stream that includes a separately leased accessory building. Unit #1 is a 3-bedroom, 1.5-bath apartment; Unit #2 offers 2 bedrooms and 1.5 baths; and Unit #3 provides 1 bedroom and 1 full bath. Each unit has been refreshed with updated flooring, modern fixtures, and bright, inviting living spaces. The property also includes an expansive paved parking area and a 60' x 60' pole barn that is currently leased for additional monthly income.
Located in the Town of Elma, the property is set up for tenant convenience with car-dependent access and an emphasis on on-site parking. The homes are presented with an updated exterior and a maintained site, with the overall arrangement designed to support straightforward day-to-day use for tenants and visitors.
For investors or owner-occupants seeking a turnkey, income-producing configuration, the unit mix provides variety across bedroom sizes while maintaining the same careful standard of upkeep. Current rents are listed as $1,800 per month for Unit #1, $1,500 per month for Unit #2, and $1,100 per month for Unit #3, along with $2,000 per month for the leased pole barn.
Located in the Town of Elma, the property is set up for tenant convenience with car-dependent access and an emphasis on on-site parking. The homes are presented with an updated exterior and a maintained site, with the overall arrangement designed to support straightforward day-to-day use for tenants and visitors.
For investors or owner-occupants seeking a turnkey, income-producing configuration, the unit mix provides variety across bedroom sizes while maintaining the same careful standard of upkeep. Current rents are listed as $1,800 per month for Unit #1, $1,500 per month for Unit #2, and $1,100 per month for Unit #3, along with $2,000 per month for the leased pole barn.
Key Highlights
- Triplex built in 1993 with three rented residential units plus a leased 60' x 60' pole barn.
- Unit #1: 3 bedrooms, 1.5 baths, rented for $1,800 per month.
- Unit #2: 2 bedrooms, 1.5 baths, rented for $1,500 per month.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 14059, NY
9,280
Population
3,803
Households
2.4
Avg Household Size
51
Median Age
42%
College-Educated
97%
High-School Grad
26.9 sq mi
ZIP Area
345
Density / Sq Mi
$101,698
Median Household Income
$60,569
Median Earnings
$1,316
Median Rent
$323,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - For sale triplex with three rented apartments and an additional leased 60' x 60' pole barn.
Where is this triplex located?
The property is located at 7041 Clinton St 1 Elma, NY.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Triplex built in 1993 with three rented residential units plus a leased 60' x 60' pole barn.; Unit #1: 3 bedrooms, 1.5 baths, rented for $1,800 per month.; Unit #2: 2 bedrooms, 1.5 baths, rented for $1,500 per month.
