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2-Unit Side-by-Side Duplex
For Sale
$84,900

37 N 3rd Street, Allegany, NY 14706

Residential, Allegany, NY

Property Size2,048 SF
Lot Size0.07 Acres
Price / SF$41.46
Days on Market51

Property Features for 37 N 3rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Basement
Patio and Porch features Deck, Porch
Exterior features Deck
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school Allegany Elementary
Middle school Allegany-Limestone Middle
High school Allegany-Limestone High
Elementary school district Allegany-Limestone
Middle school district Allegany-Limestone
High school district Allegany-Limestone
Directions From W Main St turn onto N 3rd St, the property is on the left
Subdivision Allegany-Village-042001
Standard status Active
APN 042001-093-043-0004-005-000-0000
Size 2,048 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 2575

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1880
Floors in Building 1
Number of units 2
Flooring type Laminate, Tile, Vinyl, Varies, Carpet
Building materials CompositeSiding, CopperPlumbing
Architectural style Other
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Paul Pezzimenti · License #10301214758
Added: Aug 18 Changed: Oct 7 Last Checked: Oct 7 at 5:06PM
MLS# R1708259

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,048 square feet across two single-story residences. Each unit has a separate entrance and driveway, and the property includes a deck and porch. The room information identifies four bedrooms, two bathrooms, and a basement. Construction dates to 1880; heating is forced air fueled by natural gas, and the water source is public.

One unit is expected to be vacant at closing, while the other has a long-term tenant. Tenants pay their own utilities. A portion of the roof was replaced within the last 2-3 years, with the remaining section approximately 12 years old. The property occupies a 0.07-acre lot at 37 N 3rd Street in Allegany, New York.

Key Highlights

  • Two single‑story units with a combined 2,048 square feet
  • Separate entrance and driveway for each residence
  • Four bedrooms, two bathrooms, a basement, deck, and porch

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 - Separate entrances and driveways give each residence independent access.
Where is this duplex located?
The property is located at 37 N 3rd Street 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: Two single‑story units with a combined 2,048 square feet; Separate entrance and driveway for each residence; Four bedrooms, two bathrooms, a basement, deck, and porch
More about this property
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