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    Spacious Multifamily Home on Corner Lot Title is generated by Realmo AI

    47 Maple Street, Addison, NY 14801

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    Claim this Listing
    For Sale
    Under Contract
    $249,500

    MULTI_FAMILY - Other - Addison, NY

    Property size:
    2,496 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $99/SF
    Added:
    May 14, 2026
    Days on Market:
    54
    Last Refresh:
    Jul 6 at 1:06 am

    Property Features for 47 Maple Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Basement, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 1
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    CeilingFans
    Appliances
    GasWaterHeater
    Standard status
    Active Under Contract
    APN
    462001-332-017-0002-001-000
    Size
    2,496 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5415

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1867
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Varies, Vinyl, Hardwood, Carpet, Laminate
    Building materials
    VinylSiding
    Roof type
    Shingle, Metal
    Architectural style
    Other

    We can help!

    Contact an agent
    Nicole L. Dye

    Listing agent Nicole L. Dye License #30DY0860563

    Listing office Howard Hanna Corning 45 E MARKET ST, Corning, NY

    Listing date May 14, 2026

    MLS# R1682108 Listing URL

    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.

    HighLights

    • 2‑family home built in 1867 with public water and natural gas forced‑air heating
    • Corner lot just shy of half an acre with front and back porches and raised garden vegetable/flower beds
    • Unit 101: two floors with 5 total bedrooms (2 on 1st, 3 on 2nd), 2 full bathrooms, eat‑in kitchen, dining and living rooms
    • Unit 101 includes 2nd‑floor vaulted ceilings and hardwood floors
    • Unit 102: 1‑level first‑floor layout with 2 bedrooms plus living/dining space, a kitchen, and laundry hookups
    • Oversized 2+ car garage; flooring varies with vinyl, hardwood, carpet, and laminate

    Overview

    This two-family home, maintained by the same owners since 1973, is situated on a corner lot spanning approximately 0.45 acres. The property features landscaping, raised garden beds, front and back porches, and an oversized 2+ car garage. Unit 101 offers a large eat-in kitchen, dining room, and living room. This unit spans two floors with five total bedrooms, including two on the first floor and three on the second floor, and two full bathrooms. The upstairs area features vaulted ceilings, spacious room sizes, and hardwood floors. Unit 102 is a one-level, first-floor apartment with two bedrooms, a living and dining space, a kitchen, and laundry hookups. The property is located in the Maple St/Curtis Square area of Addison, New York.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.5k $10.20
    − Vacancy −$1.3k −$0.53
    EGI $24.1k $9.67
    − OpEx −$7.2k −$2.90
    NOI $16.9k $6.77
    2,496 SF · lease $10.20/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $241.3K
    $211.1K – $281.5K (±1% cap)
    NOI $16,891 @ 7.0% cap · market cap 6.77%
    Second Best
    Apartment 5plus
    $222.4K
    $194.6K – $259.5K (±1% cap)
    NOI $15,568 @ 7.0% cap · market cap 6.24%
    Theoretical Best
    Office A
    $608.5K
    $532.4K – $709.9K (±1% cap)
    NOI $42,594 @ 7.0% cap · market cap 17.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Pharmacy Spa & Massage Center Skin Care Clinic Department Store Bar & Pub Grocery & Convenience Store Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Steuben
    State
    New York
    Longitude
    -77.226793
    Latitude
    42.109928

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with ample space and desirable location.
    Where is this duplex located?
    The property is located at 47 Maple Street Addison, NY.
    What is the asking price?
    The asking price for this property is $249,500.
    What are key features of this property?
    This property features: 2‑family home built in 1867 with public water and natural gas forced‑air heating; Corner lot just shy of half an acre with front and back porches and raised garden vegetable/flower beds; Unit 101: two floors with 5 total bedrooms (2 on 1st, 3 on 2nd), 2 full bathrooms, eat‑in kitchen, dining and living rooms
    More about this property
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