Two-Unit Duplex with Walk-Up
For Sale
$199,700
86 High Street, Angola, NY 14006
Each residence has three bedrooms, while the property also offers a gated yard and access from two streets.
Property Size1,936 SF
Days on Market8
Property Features for 86 High Street
General Information
Standard status
Active
Size
1,936 SF
Property subtype
Multi Family
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,664
Amenities
covered front porch
large gated yard
walk-up attic
Building Details
Building Size
1,936 SF
Year Built
1910
Buildings
1
Listing Agency:
Keller Williams Realty WNY
Listed By:
Stephen Zattosky · License #10401285918
(716) 501-8814
Source:
Highfallssir
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 3:23PM
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 Keller Williams Realty WNY
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each with three bedrooms. A walk-up attic adds existing storage or access space; any conversion to finished area would depend on local zoning and permitting. Exterior and mechanical updates include a metal roof installed in 2023, a new HVAC system and water heater for the downstairs unit, and a replacement sump pump basin. New breaker panels are located in the basement. A covered front porch and gated yard are also part of the property.
The property is next to an elementary school and across from a church, with downtown Angola within walking distance. NFTA bus routes 76 and 2 are about a three-minute walk away. Access is available from two streets.
The property is next to an elementary school and across from a church, with downtown Angola within walking distance. NFTA bus routes 76 and 2 are about a three-minute walk away. Access is available from two streets.
Key Highlights
- Two residences, each with three bedrooms
- Walk‑up attic; conversion to finished space is subject to local zoning and permitting
- Metal roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,448
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,960
$249.0K
Cap Rate 7%
$177,829
$177.8K
Cap Rate 9%
$138,311
$138.3K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$26.7K $13.80/SF
− Vacancy
−$8.9K −$4.61/SF
EGI
$17.8K $9.19/SF
− OpEx
−$5.3K −$2.76/SF
NOI
$12.4K $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%
$248,960
Cap Rate 7%
$177,829
Cap Rate 9%
$138,311
Alternative Uses
Best Use
Multifamily LT 5
$177.8K
$155.6K – $207.5K
NOI $12,448 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$159.7K
$139.7K – $186.3K
NOI $11,178 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$423.2K
$370.3K – $493.8K
NOI $29,625 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 14006, NY
9,140
Population
5,012
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
325
Density / Sq Mi
$62,019
Median Household Income
$45,044
Median Earnings
$956
Median Rent
$154,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, while the property also offers a gated yard and access from two streets.
Where is this duplex located?
The property is located at 86 High Street Angola, NY.
What is the asking price?
The asking price for this property is $199,700.
What are key features of this property?
This property features: Two residences, each with three bedrooms; Walk‑up attic; conversion to finished space is subject to local zoning and permitting; Metal roof installed in 2023
