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Side-by-Side Duplex
New
For Sale
$84,900

37 N 3rd St, Allegany, NY 14706

Each single-story residence has a private entrance and driveway; one unit is expected to be vacant at closing.

Property Size2,048 SF
Price / SF$41.46
Days on Market5

Property Features for 37 N 3rd St

General Information

Standard status Active
Size 2,048 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence it needs some TLC

Additional Details

Multifamily Units 2

Building Details

Year Built 1880
Stories 1
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Paul Pezzimenti · License #10301214758
Source: Skinnercnyrealty
Added: Oct 1 Last Checked: Oct 4 at 3:11PM

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 Howard Hanna Professionals - Olean

Investment Insights

Based on property information with market context.

Built in 1880, this side-by-side duplex contains 2,048 square feet across two single-story units. Each residence has its own entrance and driveway. One unit is expected to be vacant at closing, while the other has a long-term tenant. Residents pay their own utilities. A section of the roof was replaced within the last 2–3 years; the remaining portion is approximately 12 years old. The property needs cosmetic work.

Key Highlights

  • 2,048‑square‑foot duplex with two single‑story units
  • Separate entrance and driveway for each unit
  • One unit will be vacant at closing; the other has a long‑term tenant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Nail Salon Law Firm Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 14706, NY

5,910
Population
2,828
Households
2.1
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
73
Density / Sq Mi
$76,029
Median Household Income
$48,518
Median Earnings
$789
Median Rent
$170,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Each single-story residence has a private entrance and driveway; one unit is expected to be vacant at closing.
Where is this duplex located?
The property is located at 37 N 3rd St Allegany, NY.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: 2,048‑square‑foot duplex with two single‑story units; Separate entrance and driveway for each unit; One unit will be vacant at closing; the other has a long‑term tenant
More about this property
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