Duplex with Detached
New
For Sale
$225,000
933 Front Avenue, Salamanca, NY 14779
Residential, Salamanca, NY
Property Size2,234 SF
Lot Size3.75 Acres
Price / SF$100.72
Days on Market1
Property Features for 933 Front Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2
Parking features
Garage
Patio and Porch features
Deck
Exterior features
Deck
Appliances
ElectricWaterHeater
Lot features
Irregular Lot
View
Water
Elementary school district
Salamanca
Middle school district
Salamanca
High school district
Salamanca
Directions
Broad Street to Center Street and left at first light to property.
Subdivision
Salamanca-City-041600
Standard status
Active
APN
041600-072-076-0001-030-000-0000
Size
2,234 SF
Lot size
3.75 Acres
Utilities
Heating system
Baseboard, Electric (Heating)
Water source
Public
Water front features
Stream, River Access
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies
Building materials
WoodSiding
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX On Point
Listed By:
Wendellyn K O'Neil · License #30ON0717840
(716) 373-7325
Added: Oct 8
Last Checked: Oct 8 at 10:06PM
MLS# B1720902
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.
Investment Insights
Based on property information with market context.
This 2,234-square-foot property contains a four-bedroom home configured with two apartments. A 27-by-37-foot garage provides space for two vehicles, and the site also includes a deck. The property is currently unrented.
The approximately 3.75-acre parcel has about 500 feet of frontage on R.C. Hoag Drive and 300 feet on Front Avenue, with a driveway from each street. River access and a stream are listed among the site's waterfront features.
The approximately 3.75-acre parcel has about 500 feet of frontage on R.C. Hoag Drive and 300 feet on Front Avenue, with a driveway from each street. River access and a stream are listed among the site's waterfront features.
Key Highlights
- Four‑bedroom home configured with two apartments
- Approximately 3.75 developable acres
- 2,234 square feet of property area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,356
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,120
$287.1K
Cap Rate 7%
$205,086
$205.1K
Cap Rate 9%
$159,511
$159.5K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$22.8K $10.20/SF
− Vacancy
−$2.3K −$1.02/SF
EGI
$20.5K $9.18/SF
− OpEx
−$6.2K −$2.75/SF
NOI
$14.4K $6.43/SF
Area
Cattaraugus County, NY
Vacancy
10.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,120
Cap Rate 7%
$205,086
Cap Rate 9%
$159,511
Alternative Uses
Best Use
Multifamily LT 5
$205.1K
$179.5K – $239.3K
NOI $14,356 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$192.7K
$168.6K – $224.9K
NOI $13,491 @ 7.0% cap · market cap 6.00%
Theoretical Best
Healthcare Medical
$441.5K
$386.3K – $515.1K
NOI $30,907 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 14779, NY
7,191
Population
3,519
Households
2
Avg Household Size
40
Median Age
14%
College-Educated
88%
High-School Grad
138.8 sq mi
ZIP Area
52
Density / Sq Mi
$40,933
Median Household Income
$35,535
Median Earnings
$713
Median Rent
$82,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments and a four-bedroom home sit on a developable parcel with access from two streets.
Where is this duplex located?
The property is located at 933 Front Avenue Salamanca, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Four‑bedroom home configured with two apartments; Approximately 3.75 developable acres; 2,234 square feet of property area
