Duplex with Tenant-Occupied
For Sale
$69,900
Pending
16-18 River St, Canaseraga, NY 14822
Two homes on one lot, with a tenant-occupied 1-bedroom unit, sold as-is for income or owner-occupant flexibility.
Property Size2,072 SF
Days on Market51
Property Features for 16-18 River St
General Information
Standard status
Pending
Size
2,072 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,554
Building Details
Building Size
2,072 SF
Year Built
1920
Units
2
Listing Agency:
Empire Realty Group
(585) 905-5270
Listed By:
Kristina M. Cornbau · License #10401278011
(585) 905-5270
Source:
Elliman
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 11 at 11:13AM
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 Empire Realty Group
Investment Insights
Based on property information with market context.
This duplex property contains two separate homes on a single lot. The primary home offers 3 bedrooms and 1 bathroom and is described as ready for updates and improvements. The second home features 1 bedroom and 1 bathroom and is currently tenant-occupied, providing rental income at the time of sale. The property is being sold as-is.
Located at 16-18 River St, Burns, NY 14822, the homes are set up for a straightforward owner or investor scenario where one unit can potentially be maintained while the other generates income. Public remarks also indicate the area is somewhat bikeable and car-dependent, consistent with a residential setting where vehicles are commonly used for local access.
For buyers evaluating owner-occupancy, the layout supports living in the larger 3-bedroom home while the smaller unit remains occupied. For investors, the presence of a tenant-occupied unit can help streamline the transition to collecting rent after closing, while the as-is condition and need for updates in the primary home should be factored into renovation planning.
Located at 16-18 River St, Burns, NY 14822, the homes are set up for a straightforward owner or investor scenario where one unit can potentially be maintained while the other generates income. Public remarks also indicate the area is somewhat bikeable and car-dependent, consistent with a residential setting where vehicles are commonly used for local access.
For buyers evaluating owner-occupancy, the layout supports living in the larger 3-bedroom home while the smaller unit remains occupied. For investors, the presence of a tenant-occupied unit can help streamline the transition to collecting rent after closing, while the as-is condition and need for updates in the primary home should be factored into renovation planning.
Key Highlights
- Two homes on one lot, offering owner‑occupant or rental flexibility
- Primary home has 3 bedrooms and 1 bathroom and is ready for updates
- Second home has 1 bedroom and 1 bathroom and is tenant‑occupied for immediate rental income
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 14822, NY
926
Population
516
Households
1.8
Avg Household Size
46
Median Age
17%
College-Educated
92%
High-School Grad
39.8 sq mi
ZIP Area
23
Density / Sq Mi
$64,100
Median Household Income
$42,321
Median Earnings
$979
Median Rent
$84,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two homes on one lot, with a tenant-occupied 1-bedroom unit, sold as-is for income or owner-occupant flexibility.
Where is this duplex located?
The property is located at 16-18 River St Canaseraga, NY.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two homes on one lot, offering owner‑occupant or rental flexibility; Primary home has 3 bedrooms and 1 bathroom and is ready for updates; Second home has 1 bedroom and 1 bathroom and is tenant‑occupied for immediate rental income
