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Side-by-Side Duplex with Pole Barn
For Sale
$357,000

4877 Royalton Center Rd, Royalton, NY 14067

Updated owner unit and separate-utility tenant unit in a side-by-side duplex, plus a pole barn for storage or workshop space.

Lot Size9.30 Acres
Days on Market47

Property Features for 4877 Royalton Center Rd

General Information

Standard status Active
Lot size 9.30 Acres
Property subtype Duplex

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

pole barn
storage shed

Building Details

Building Size 1,592 SF
Year Built 1949
Listing Agency: Howard Hanna WNY Inc.
Listed By: Cynthia J Durkin · License #10301217545
Source: Highfallssir
Added: Jun 17 Changed: Jul 30 Last Checked: Aug 2 at 12:18PM

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 WNY Inc.

Investment Insights

Based on property information with market context.

This side-by-side duplex sits on 9.3 acres and offers two separate homes under one roof. Each unit has two bedrooms and one full bath, with separate utilities and basements. The owner’s unit has been renovated with an open concept main living area featuring a wood beam, an updated kitchen with soft-close cabinetry, luxury vinyl flooring, and newer appliances that will remain. The remodeled bathroom includes a new larger tub with surround, skylight, and a granite-topped vanity. The primary bedroom also features a generous walk-in closet. The tenant’s unit offers its own character, including a pallet accent wall in the living room and some newer windows.

Outside, the property includes a 10-year-old 40 x 56 pole barn with a concrete floor and electric, plus extra garage doors on the side and in the back for added convenience. There is also a storage shed, a cleared area, and a protected wooded area in the back, balancing usable land with natural space.

Lot frontage shown in tax records does not reflect correct frontage; refer to the assessors map for clarification of what is indicated in the listing. The property was built in 1949.

Key Highlights

  • Side‑by‑side duplex on 9.3 acres
  • Both units have two bedrooms and one full bath with separate utilities and basements
  • Renovated owner’s unit with open concept living area and wood beam

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 $21.4k $13.44
− Vacancy −$1.4k −$0.89
EGI $20.0k $12.55
− OpEx −$6.0k −$3.76
NOI $14.0k $8.78
1,592 SF · lease $13.44/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$199.7K
$174.8K – $233.0K (±1% cap)
NOI $13,982 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$177.3K
$155.1K – $206.8K (±1% cap)
NOI $12,410 @ 7.0% cap · market cap 3.48%
Theoretical Best
Warehouse
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,690 @ 7.0% cap · market cap 26.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 14067, NY

4,820
Population
1,933
Households
2.5
Avg Household Size
45
Median Age
28%
College-Educated
92%
High-School Grad
49.3 sq mi
ZIP Area
98
Density / Sq Mi
$90,625
Median Household Income
$53,210
Median Earnings
$814
Median Rent
$178,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Updated owner unit and separate-utility tenant unit in a side-by-side duplex, plus a pole barn for storage or workshop space.
Where is this duplex located?
The property is located at 4877 Royalton Center Rd Royalton, NY.
What is the asking price?
The asking price for this property is $357,000.
What are key features of this property?
This property features: Side‑by‑side duplex on 9.3 acres; Both units have two bedrooms and one full bath with separate utilities and basements; Renovated owner’s unit with open concept living area and wood beam
More about this property
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