Excellent investment opportunity in the heart of Allegany, NY, just minutes from St. Bonaventure University! This well-located 4-unit property offers strong rental potential, ideal for student housing or long-term tenants. Each unit provides functional living space with separate entrances, making it attractive for a variety of rental strategies. Situated in a high-demand rental area, this property benefits from consistent occupancy driven by proximity to the university, local amenities, and downtown Allegany. Whether you're looking to expand your portfolio or start investing, this property offers great income potential with upside through improved rents or updates. Don’t miss your chance to own a multi-unit in a prime location!
Active
$139,000
111 W Main St, Allegany, NY 14706
7beds
2,856sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
Functional living spaceSeparate entrances
- 15 days
- 159
- 7
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Professionals - Olean 716-372-1155,
Regis Handley 716-307-9256
Source: NYSAMLSs,MLS#: R1714952
Originating MLS: Chautauqua-Cattaraugus
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Wall Furnace
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Luxury Vinyl, Varies
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
Property
Parking
- Parking features: Common
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,874 Square Feet
- Dimensions: 25 x 115
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04200109304300010180000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Composite Siding, Fiber Cement
Condition
- Resale
- Year built: 1950
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Allegany
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $60,000
- Annual tax amount: $2,573
- Date on market: 9/15/2026
- Cumulative days on market: 167 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,434/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $139,000+4.6%$49/sqft |
Source: | ||
| 9/14/2026 | Listing removed | $132,900$47/sqft |
Source: | ||
| 7/12/2026 | Listed for sale | $132,900$47/sqft |
Source: | ||
| 6/18/2026 | Pending sale | $132,900$47/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $132,900+56.5%$47/sqft |
Source: | ||
| 10/25/2016 | Listing removed | $84,900$30/sqft |
Source: Chamberlain Home Realty #B504088 Report a problem | ||
| 9/7/2016 | Price change | $84,900-5.6%$30/sqft |
Source: Chamberlain Home Realty #B504088 Report a problem | ||
| 7/8/2016 | Listed for sale | $89,900$31/sqft |
Source: Chamberlain Home Realty #B504088 Report a problem | ||
Public tax history
Tax history is unavailable.





