Investment Opportunity!!! With some elbow grease, you can discover your investment oasis in this versatile 4-unit multi-family property. With existing rental units and room for adding additional rental units, this property is your ticket to unlocking endless possibilities and growing your real estate portfolio! The property sports a huge garage with 4 separate doors for possible future tenant storage. The garage also holds a possible 5th apartment!! Newer lennox furnace in the garage. Very nice size lot that gives you the space and comfort any tenant would wish for.This property is currently part of an estate with family members residing who will vacate property when sold. The property is to be sold in AS-IS condition, the seller will make no repairs.Come check out this great opportunity to boost your portfolio and become a landlord!*seller will entertain all offers*
Closed
$110,000
6407 Drake Settlement Rd, Burt, NY 14028
7beds
5,480sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$206,900 Zestimate®
$20/sqft
$1,685 Estimated rent
Home value
$206,900
$149,000 - $281,000
$1,685/mo
Zestimate® history
Owner options
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$1,685/mo
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$1,685/mo
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$658/mo
Est. payment
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$658/mo
Est. payment
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List your homeWhat's special
Huge garageNice size lotNewer lennox furnace
Zillow last checked:
Listing updated:
Listed by:
Dale Jones 716-392-2765,
HUNT Real Estate Corporation
Bought with:
Pratheep Sakas, 10401360535
Keller Williams Realty WNY
Source: NYSAMLSs,MLS#: B1501610
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric, Propane, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Cedar Closet(s), Ceiling Fan(s), Natural Woodwork
- Flooring: Carpet, Hardwood, Laminate, Tile, Varies
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 5,480
- Total interior livable area: 5,480 sqft
Property
Parking
- Total spaces: 4
- Parking features: Common, Gravel
- Garage spaces: 4
Features
- Stories: 3
- Exterior features: Play Structure, TV Antenna
Lot
- Size: 1.5 Acres
- Dimensions: 167 x 427
- Features: Agricultural
Details
- Parcel number: 2928000260000001014002
- Special conditions: Estate
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Vinyl Siding, Copper Plumbing
- Foundation: Other, See Remarks
- Roof: Asphalt,Pitched,Shingle
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Water Connected
Community & HOA
Location
- Region: Burt
Financial & listing details
- Price per square foot: $20/sqft
- Tax assessed value: $161,000
- Annual tax amount: $7,810
- Date on market: 10/3/2023
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $110,000-24.1%$20/sqft |
Source:  NYSAMLSs #B1501610 Report a problem | ||
| 12/5/2023 | Pending sale | $145,000$26/sqft |
Source: NYSAMLSs #B1501610 Report a problem | ||
| 10/3/2023 | Listed for sale | $145,000-6.5%$26/sqft |
Source: NYSAMLSs #B1501610 Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source: NYSAMLSs #B1435841 Report a problem | ||
| 11/30/2022 | Price change | $155,000-8.8%$28/sqft |
Source: NYSAMLSs #B1435841 Report a problem | ||
| 11/16/2022 | Price change | $169,900-5.6%$31/sqft |
Source: NYSAMLSs #B1435841 Report a problem | ||
| 9/27/2022 | Listed for sale | $179,900$33/sqft |
Source: NYSAMLSs #B1435841 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 14028
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- $173,9002 bd1 ba1k sqft6415 Drake Settlement Rd, Burt, NY 14028Off Market
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- $294,8002 bd2 ba1.3k sqft2286 Fuller Rd, Burt, NY 14028Off Market
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- $275,0004 bd2 ba1.9k sqft2300 Fuller Rd, Burt, NY 14028Pending
- $210,5004 bd1 ba1.4k sqft6380 Drake Settlement Rd, Burt, NY 14028Off Market
Nearby schools
GreatSchools rating
- 3/10Newfane Middle SchoolGrades: 4-8Distance: 1.8 mi
- 7/10Newfane Senior High SchoolGrades: 7-12Distance: 1.6 mi
- 3/10Newfane Elementary SchoolGrades: K-4Distance: 2.4 mi
Schools provided by the listing agent
- District: Newfane
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$206,900
2% more
+$4,138
With Zillow Showcase(estimated)
$211,038
- New York
- Niagara County
- Burt
- 14028
- 6407 Drake Settlement Rd
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