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    Ellicottville Multifamily Investment Opportunity Title is generated by Realmo AI

    6979 Nys Route 242 W, Ellicottville, NY 14731

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    For Sale
    $845,000

    MULTI_FAMILY - Other - Ellicottville, NY

    Property size:
    3,136 SF
    Lot size:
    0.77 Acres
    Price / SF:
    $269/SF
    Added:
    Dec 22, 2023
    Days on Market:
    874
    Last Refresh:
    May 14 at 6:06 am

    Property Features for 6979 Nys Route 242 W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    7
    Rooms
    Bathroom 4, Bedroom 4, Bedroom 11, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 10, Bathroom 7, Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 12, Bedroom 1
    Spa
    1
    Window features
    Skylight(s)
    Patio and Porch features
    Deck, Patio
    Interior features
    WetBar, CeilingFans, CathedralCeilings, HotTubSpa, SlidingGlassDoors, Storage, Skylights
    Exterior features
    Balcony, Barbecue, Deck, Patio
    Fireplace
    1
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    043689-055-033-0003-001-000-0000
    Size
    3,136 SF
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9261

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Baseboard, Natural Gas
    Water source
    Well

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Tile, Varies
    Building materials
    CompositeSiding
    Roof type
    Asphalt, Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jennifer Courtney

    Listing agent Jennifer Courtney License #10401348851

    Listing office Keller Williams Realty Lancaster 3400 Southwestern Blvd., Elma, NY

    Listing date Dec 22, 2023

    MLS# B1514343 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

    • Unparalleled location directly adjacent to Holimont Ski Area, offering immediate access to skiing and a short walk to the village.
    • Three separate houses included in the sale, providing diverse options for rental income, extended family use, or living in one and renting the others.
    • High sleeping capacity across all three houses (16+, 12+, and 6+), maximizing rental potential and accommodating large groups.
    • Multiple amenities including hot tubs, fireplaces, patios, and decks enhance the appeal and comfort of the properties.
    • The back house can be split into two separate units, each with its own entrance, offering flexible rental configurations.
    • Ample parking space is available with a huge paved driveway.

    Overview

    This multifamily property in Ellicottville, NY, presents an investment opportunity with three houses located near the Holimont Ski Area. The front house accommodates 16+ guests, featuring 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, a dining room, 2 fireplaces, a front porch, and a back patio with a hot tub. The back house sleeps 12+ and can be divided into two separate units, each with its own entrance. The first unit includes 3 bedrooms, a large family room, a full bathroom, a kitchen, a dining area, a living room, and a back patio. The second unit, accessible via a connecting door, offers a large family room, a kitchen, a bathroom, and 2 bedrooms. The third house sleeps 6+ and includes an open family room with a wood-burning fireplace, a kitchen, a dining room, 2 bedrooms, a full bathroom, and an outdoor patio with a hot tub. A new furnace was installed in this home on January 12th, 2026. Situated on a 0.7664-acre lot, the property includes a paved driveway with ample parking. The total property size is 3136 square feet. Potential uses include living in one house and renting the other two, accommodating extended family, or generating rental income from all three houses.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Ellicottville
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.695728
    Latitude
    42.274505

    FAQs

    What type of property is this?
    Multifamily property - Three residential properties near Holimont Ski Area, offering rental income potential.
    Where is this multifamily property located?
    The property is located at 6979 Nys Route 242 W Ellicottville, NY.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Unparalleled location directly adjacent to Holimont Ski Area, offering immediate access to skiing and a short walk to the village.; Three separate houses included in the sale, providing diverse options for rental income, extended family use, or living in one and renting the others.; High sleeping capacity across all three houses (16+, 12+, and 6+), maximizing rental potential and accommodating large groups.
    More about this property
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