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Renovated Fully Rented 3-Unit
For Sale
$280,000

170 Bullis Rd, Cowlesville, NY 14037

Turn-key, fully rented three-unit property with extensive updates, including separate gas and electric meters for tenants.

Days on Market11

Property Features for 170 Bullis Rd

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 3

Building Details

Year Built 1895
Year Renovated 2025
Listing Agency:
Listed By: Brenda O'Connor
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 31 at 10:28AM

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 Brenda O'Connor

Investment Insights

Based on property information with market context.

This for-sale three-unit residential income property has been updated and renovated extensively over multiple years. Each apartment was taken down to the studs and rebuilt, including upgrades such as drywall and insulation, flooring, kitchen and bath improvements, and updated laundry, electrical, and plumbing work. The updates also include appliance replacements across the units, window and door replacements, and heating system upgrades with furnaces installed in 2015 and 2016 for specific apartments. The roof was completed as a TTO in 2014, with new gutters added in 2024. There is public water service to the home, and while a well remains on the property, it has been disconnected.

The property is set up with all separate gas and electric meters, with tenant responsibility for those utilities. The landlord handles lawn and snow removal and water. Apartment 2 is a two-story unit with both bedrooms and the bath on the second floor. Apt 3 includes a deck and updated steps, and the most recent renovations include a September 2025 update to Apt 1 along with an entrance cement step added in the current month.

Showings require at least 24 hours’ notice to obtain tenant permission for entry.

Key Highlights

  • 1895‑built 3‑unit property that is fully rented and available for immediate income generation
  • Major renovations completed over the last 11 years: units rebuilt down to the studs with drywall/insulation, updated kitchens and baths, and new windows/doors
  • Tenant utilities are individually metered with separate gas and electric meters for each unit (tenant responsibility)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Plumbing Service Garden Center Grocery & Convenience Store Kitchen & Bath Showroom Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 14037, NY

1,173
Population
382
Households
3.1
Avg Household Size
48
Median Age
14%
College-Educated
96%
High-School Grad
17.8 sq mi
ZIP Area
66
Density / Sq Mi
$87,955
Median Household Income
$43,750
Median Earnings
$260,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Turn-key, fully rented three-unit property with extensive updates, including separate gas and electric meters for tenants.
Where is this triplex located?
The property is located at 170 Bullis Rd Cowlesville, NY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1895‑built 3‑unit property that is fully rented and available for immediate income generation; Major renovations completed over the last 11 years: units rebuilt down to the studs with drywall/insulation, updated kitchens and baths, and new windows/doors; Tenant utilities are individually metered with separate gas and electric meters for each unit (tenant responsibility)
More about this property
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