58 Center St, Fredonia, NY 14063

Reopening for summer showings, this exceptional rental property is perfectly situated between SUNY Fredonia and the Village. An ideal location for student or standard rentals. This duplex features two well-maintained units: a 2-bedroom, 1-bath lower unit and a 3-bedroom, 1-bath upper unit, each with a spacious kitchen, eating area, and comfortable living space. Outdoor features include a charming front porch for the lower unit and a covered balcony for the upper. Tenants share access to a washer and dryer located in the basement. The property is fully rented with five tenants signed through May 2026 at $2,500 per semester each, with tenants covering electric and gas while the owner pays water and trash. Recent upgrades include new carpet in both units, a new hot water heater, updated heating units in the upper unit, and new electrical service to the home. Generating over $25,000 annually and requiring no immediate work, this property offers strong, consistent income and is truly move-in ready for the next investor.