Property summary
This stunning 4,301 square foot Victorian home in Allegany, NY, presents a unique investment opportunity. Situated on a 1.35-acre lot at 1759 Four Mile Road (zip code 14706), this property boasts six spacious bedrooms, each with its own private bathroom, providing ample space for a large family or continued use as a bed and breakfast. Multiple offices are also available, adding to the versatility of this property. The home underwent significant renovations in 1998, including updated electrical and plumbing systems. Further enhancing its appeal, new boiler systems were installed in 2022. An inviting front porch complements the home's historic character. Adding to the income potential, the property includes three RV hookups and a charming carriage house featuring three rental units. These units offer additional income streams or the possibility of expanding living space. This exceptional property seamlessly blends old-world charm with modern conveniences, making it an ideal choice for those seeking a unique blend of history and contemporary living. The property is located in Cattaraugus County, New York, and is priced at $480,000.
Property profile
VerifiedCap rate & NOI
Current use
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Bed & Breakfast Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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