1759 Four Mile Rd, Allegany, NY 14706
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.
-
Gallets House Bed & Breakfast Bed & Breakfast Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.