Remodeled Duplex with Private
800 Aurora Street, Elma, NY 14086
For Sale
$375,000
Two updated residences include in-unit laundry and separate outdoor spaces on an acre in the Lancaster school district.
Property Size2,736 SF
Lot Size1.00 Acre
Days on Market12
Property Features for 800 Aurora Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
private walk-out porch
covered patio
Building Details
Building Size
Year Built
Buildings
Listing Agency:
HUNT Real Estate ERA
Listed By:
Robert L Blake · License #10301206206
(716) 427-6536
Source:
Highfallssir
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 1:55PM
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 HUNT Real Estate ERA
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Investment Insights
Based on property information with market context.
This duplex contains two remodeled units, each with a kitchen featuring white shaker cabinetry, quartz counters, and stainless steel appliances. Both residences have updated bathrooms, new flooring, fresh interior paint, replacement windows, energy-efficient lighting, and in-unit laundry. The upper unit includes a pantry and walk-out porch; the lower unit has a covered patio. The property was built in 1973 and sits on an acre of land.
The address is in Elma, within the Lancaster school district, and the property is subject to Elma taxes. Shopping, restaurants, and Thruway access are five minutes away.
The address is in Elma, within the Lancaster school district, and the property is subject to Elma taxes. Shopping, restaurants, and Thruway access are five minutes away.
Key Highlights
- Two‑family property on an acre of land
- Both units include in‑unit laundry
- Upper residence has a pantry and private walk‑out porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,592
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,840
$351.8K
Cap Rate 7%
$251,314
$251.3K
Cap Rate 9%
$195,467
$195.5K
Market Conditions
NOI Build-Up for 2,736 SF
Gross rent
$37.8K $13.80/SF
− Vacancy
−$12.6K −$4.61/SF
EGI
$25.1K $9.19/SF
− OpEx
−$7.5K −$2.76/SF
NOI
$17.6K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,840
Cap Rate 7%
$251,314
Cap Rate 9%
$195,467
Alternative Uses
Best Use
Multifamily LT 5
$251.3K
$219.9K – $293.2K
NOI $17,592 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$225.7K
$197.5K – $263.3K
NOI $15,797 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$598.1K
$523.3K – $697.8K
NOI $41,867 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 14086, NY
35,010
Population
15,486
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
95%
High-School Grad
33.3 sq mi
ZIP Area
1,051
Density / Sq Mi
$95,949
Median Household Income
$53,164
Median Earnings
$983
Median Rent
$263,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Erie County, NY
Properties on Market for Duplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences include in-unit laundry and separate outdoor spaces on an acre in the Lancaster school district.
Where is this duplex located?
The property is located at 800 Aurora Street Elma, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑family property on an acre of land; Both units include in‑unit laundry; Upper residence has a pantry and private walk‑out porch
