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    OFF-MARKET
    Commercial real estate

    1759 Four Mile Rd, Allegany, NY 14706

    4,301 SF 1.35 ac lot
    Property ID
    US63-0581806
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Total area 4,301 SF
    Lot 1.35 ac (58,806 SF)
    UPID US63-0581806
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gallets House Bed & Breakfast Bed & Breakfast Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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