Closed

$525,000

185 Central Ave, Fredonia, NY 14063

17beds

3,512sqft

Quadruplex, Multi Family

Built in 1900

-- sqft lot

$572,100 Zestimate^®

$149/sqft

$1,109 Estimated rent

Home value

$572,100

$423,000 - $772,000

$1,109/mo

Zestimate^® history

Owner options

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$1,109/mo

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$1,109/mo

Rent Zestimate^®

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$3,751/mo

Est. payment

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$3,751/mo

Est. payment

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What's special

Large parking lot

ATTENTION INVESTORS! Check out this excellent investment opportunity in the village of Fredonia. This beautiful and spacious student rental complex consists of three 4 bedrrom apartments and one 5 bedroom apartment. Located on Central Avenue directly across from the SUNY Fredonia president's house, these fully furnished rental units are highly desired by students who wish to be within walking distance of campus. A large parking lot with enough soace for 40 cars is shared with 9 Forbes place. 9 Forbes place Is being offered along with this property as a package. Current leases are in place for the 2024/2025 school year for 3 of the 4 units. Current leases project gross annual income of $65,000 with the flexibility to substantially add to this number. Located within walking distance of downtown Fredonia, D&F Plaza, and directly across the street from the SUNaY Fredonia campus. Schedule your viewing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 9
Full bathrooms: 5
1/2 bathrooms: 4

Heating

Gas, Baseboard

Appliances

Included: Gas Water Heater
Laundry: Common Area

Features

Flooring: Carpet, Laminate, Varies, Vinyl
Basement: Full,Walk-Out Access,Sump Pump
Has fireplace: No

Interior area

Total structure area: 3,512
Total interior livable area: 3,512 sqft

Property

Parking

Parking features: Gravel

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Exterior features: Patio

Lot

Size: 1.5 Acres
Dimensions: 107 x 520

Details

Parcel number: 0658011130070003041000
Zoning description: Commercial
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex, Multi Family

Materials

Vinyl Siding, Wood Siding, Copper Plumbing
Foundation: Poured
Roof: Asphalt,Shingle

Condition

Resale
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Village/Fredonia

Location

Region: Fredonia

Financial & listing details

Price per square foot: $149/sqft
Tax assessed value: $42,300
Annual tax amount: $9,549
Date on market: 7/29/2024
Cumulative days on market: 98 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
2/25/2025	Sold	$525,000-8.7%$149/sqft
Source: NYSAMLSs #R1554270 Report a problem
11/4/2024	Pending sale	$575,000$164/sqft
Source: NYSAMLSs #R1554270 Report a problem
7/29/2024	Listed for sale	$575,000$164/sqft
Source: NYSAMLSs #R1554270 Report a problem