Residential Income

Alfred, NY Residential Income Properties for Sale

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Andover, NY Almond, NY Belmont, NY Hornell, NY Scio, NY Greenwood, NY Canisteo, NY Angelica, NY
Two-Family Home Near Campuses
Updated: Mar 11
Two-Family Home Near Campuses

28 Hillcrest Dr, Alfred, NY 14802

$189,999
0.48 AC lot
Two‑family home ideal for rental income or multi‑generational living
Walking distance to both campuses
Potential to convert back into a single‑family home
Main floor features a large kitchen with newer stove and refrigerator
Main floor includes office space or playroom
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Alfred Triplex Near Universities
Updated: Mar 11
Alfred Triplex Near Universities

1 Reynolds St, Alfred, NY 14802

$275,000
0.15 AC lot
Income‑generating property currently rented through the academic year
Located near Alfred State and Alfred University campuses
Three units: one 4‑bedroom and two 2‑bedroom apartments
Rent is $2500 per person per semester (with a $100 discount for on‑time payment)
Potential income based on 8 tenants at $2400 per semester
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alfred, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Two-Family Duplex
Updated Two-Family Duplex

7 Bostwick Place, Hornell, NY 14843

$139,900
2,734 sqft 0.05 AC lot

Updated two-family duplex offering flexible living and long-term rental income through two separate units.

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Main Street Mixed-Use Opportunity
Main Street Mixed-Use Opportunity

19 N Main St, Wellsville, NY 14895

$145,000
0.08 AC lot

Mixed-use building with bar/restaurant, apartments, and storefronts for sale.

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Updated Up/Down Duplex
Updated Up/Down Duplex

168 S Brooklyn Ave, Wellsville, NY 14895

$169,900

Well-appointed two-unit residence with recent exterior and systems upgrades plus a detached 1+ car garage.

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Versatile Commercial Property in Hornell
Versatile Commercial Property in Hornell

80 River St, Hornell, NY 14843

$39,900
0.09 AC lot

Commercial property with bar/restaurant setup and renovation potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Recreation Land with Creek Access
Waterfront Recreation Land with Creek Access

7649 County Rd 15, Angelica, NY 14709

$39,900
4.80 AC lot

Recreation land with on-site Baker Creek access, residential zoning for a single-family residence, and installed 200-amp electric service.

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Wooded Hunting and Recreation Land
Wooded Hunting and Recreation Land

Pigtail Road, Friendship, NY 14739

Contact for pricing
10.50 AC lot

Mostly wooded acreage with road frontage, spring water, and open areas suitable for recreation and food plots.

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Secluded Recreational Retreat with Cabin
Secluded Recreational Retreat with Cabin

Friendship, NY 14739

$299,900
576 sqft

Tranquil wooded property with cabin, pond, and timber investment.

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Caneadea Acre Building Lot
Caneadea Acre Building Lot

8708 Oramel Hill Rd, Caneadea, NY 14717

$31,900
1.00 AC lot

One acre lot with utilities, ready for recreation.

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Alfred, NY Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Alfred, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $464,999.

Sale prices for residential income properties in Alfred, NY start at $189,999, averaging $232,499, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Duplexes 1
Triplexes 1

Demographics Overview

Population 4,627
Population Growth (5Y) +8.8%
Median Household Income $44,659

Listings Trend

New vs delisted commercial listings in Allegany County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Allegany County

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