Duplex Property With Two
6415 Omphalius Road, Colden, NY 14033
For Sale
$299,900
Pending
Residential, Colden, NY
Property Size2,100 SF
Lot Size12.40 Acres
Days on Market95
Property Features for 6415 Omphalius Road
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fireplace
Appliances
Lot features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
garage
workshop
fire pit
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
WNY Metro Roberts Realty
(716) 662-0449
Listed By:
Jessica Janca · License NY #10401312470
(716) 998-5012
Added: Aug 12
Changed: Nov 10
Last Checked: Nov 14 at 12:06AM
MLS# B1706204
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.
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Investment Insights
Based on property information with market context.
This duplex property includes two separate residences totaling 2,100 square feet, with individual utilities, driveways, garages, and fire pits. Both homes feature newer windows, updated bathrooms, newer flooring, fresh paint, new boilers, hot water tanks, and included appliances. Interior details include hardwood, vinyl, and laminate flooring, natural woodwork, cathedral ceilings, and window-unit cooling. Additional improvements include shop or workspace, decks, patios, private yard areas, and an existing gas well.
The property occupies 12.4 wooded acres in Colden, NY, within the Boston and Hamburg school districts. Chestnut Ridge Park, shopping, restaurants, schools, and major routes are described as minutes away. Public water and septic service are in place, with natural-gas baseboard heating and asphalt roofing.
The two-residence configuration supports the rental, extended-family, guest, and live-in-one-home options identified for the property. The acreage also provides room for outdoor use, equipment, hobbies, and projects.
The property occupies 12.4 wooded acres in Colden, NY, within the Boston and Hamburg school districts. Chestnut Ridge Park, shopping, restaurants, schools, and major routes are described as minutes away. Public water and septic service are in place, with natural-gas baseboard heating and asphalt roofing.
The two-residence configuration supports the rental, extended-family, guest, and live-in-one-home options identified for the property. The acreage also provides room for outdoor use, equipment, hobbies, and projects.
Key Highlights
- Two separate residences totaling 2,100 square feet
- 12.4 private wooded acres in Colden, NY
- Each residence has separate utilities, a driveway, and garage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,125
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,500
$242.5K
Cap Rate 7%
$173,214
$173.2K
Cap Rate 9%
$134,722
$134.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$34.0K $16.20/SF
− Vacancy
−$12.0K −$5.70/SF
EGI
$22.0K $10.50/SF
− OpEx
−$9.9K −$4.72/SF
NOI
$12.1K $5.77/SF
Area
Erie County, NY
Vacancy
35.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,500
Cap Rate 7%
$173,214
Cap Rate 9%
$134,722
Alternative Uses
Best Use
Apartment 5plus
$173.2K
$151.6K – $202.1K
NOI $12,125 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$459.1K
$401.7K – $535.6K
NOI $32,135 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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Business Placement
Demographics for 14033, NY
2,173
Population
727
Households
3
Avg Household Size
52
Median Age
42%
College-Educated
98%
High-School Grad
17.4 sq mi
ZIP Area
125
Density / Sq Mi
$84,167
Median Household Income
$45,852
Median Earnings
$1,077
Median Rent
$293,400
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Erie County, NY
Properties on Market for Multifamily properties in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate residences offer independent utilities, driveways, garages, and flexible occupancy options.
Where is this multifamily property located?
The property is located at 6415 Omphalius Road Colden, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two separate residences totaling 2,100 square feet; 12.4 private wooded acres in Colden, NY; Each residence has separate utilities, a driveway, and garage space
