Investor Opportunity – Multi-Unit Potential at 70 Hanover Wellsville.
This property offers a fantastic opportunity to create up to 5 rental units—3 in the main house and 2 in the detached secondary structure. Potential layout includes four studio apartments and one 3-bedroom unit. Some updates have already been completed, including electrical, plumbing, windows, and partial drywall/OSB installation. Construction materials and select appliances will convey with the sale, helping you jumpstart the renovation process. With a little vision and sweat equity, this could become a strong income-producing asset. Priced to sell and full of potential—don’t miss out
Closed
$23,500
70 E Hanover St, Wellsville, NY 14895
5beds
2,357sqft
Single Family Residence
Built in 1900
7,405 Square Feet Lot
$23,600 Zestimate®
$10/sqft
$2,178 Estimated rent
Home value
$23,600
Estimated sales range
Not available
$2,178/mo
Zestimate® history
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$2,178/mo
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$2,178/mo
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$157/mo
Est. payment
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$157/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonas Willson 585-808-8747,
Genesee River Realty
Bought with:
Jonas Willson, 10491212719
Genesee River Realty
Source: NYSAMLSs,MLS#: R1616614
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Heating
- Other, See Remarks, None
Appliances
- Included: Appliances Negotiable
Features
- Other, See Remarks
- Flooring: Carpet, Hardwood, Varies, Vinyl
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 2,357
- Total interior livable area: 2,357 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: Gravel Driveway
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 149
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 02700123901400010130000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic/Antique
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stone, Wood Siding
- Foundation: Block, Stone
Condition
- Resale,Fixer
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Not Connected, Public
- Utilities for property: Sewer Available, Sewer Connected, Water Available
Community & HOA
Location
- Region: Wellsville
Financial & listing details
- Price per square foot: $10/sqft
- Tax assessed value: $52,000
- Annual tax amount: $5,533
- Date on market: 6/19/2025
- Cumulative days on market: 61 days
- Listing terms: Cash,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $23,500-19%$10/sqft |
Source:  NYSAMLSs #R1616614 Report a problem | ||
| 8/19/2025 | Pending sale | $29,000$12/sqft |
Source: NYSAMLSs #R1616614 Report a problem | ||
| 6/19/2025 | Listed for sale | $29,000+45%$12/sqft |
Source: NYSAMLSs #R1616614 Report a problem | ||
| 12/3/2010 | Sold | $20,000-61.8%$8/sqft |
Source: Public Record Report a problem | ||
| 2/19/2010 | Sold | $52,403+138.2%$22/sqft |
Source: Public Record Report a problem | ||
| 4/16/2002 | Sold | $22,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $98,500 +89.4% |
| 2024 | -- | $52,000 |
| 2023 | -- | $52,000 |
| 2022 | -- | $52,000 |
| 2021 | -- | $52,000 |
| 2020 | -- | $52,000 |
| 2019 | -- | $52,000 |
| 2018 | -- | $52,000 |
| 2017 | -- | $52,000 |
| 2016 | -- | $52,000 |
| 2015 | -- | $52,000 |
| 2014 | -- | $52,000 +108% |
| 2013 | -- | $25,000 |
| 2012 | -- | $25,000 |
| 2011 | -- | $25,000 -42.3% |
| 2010 | -- | $43,300 |
| 2009 | -- | $43,300 |
| 2008 | -- | $43,300 |
| 2007 | -- | $43,300 |
| 2006 | -- | $43,300 |
| 2005 | -- | $43,300 |
| 2004 | -- | $43,300 |
| 2003 | -- | $43,300 |
| 2002 | -- | $43,300 |
| 2001 | -- | $43,300 |
Find assessor info on the county website
Neighborhood: 14895
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Wellsville Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Wellsville Senior High SchoolGrades: 6-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Wellsville
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Allegany County
- Wellsville
- 14895
- 70 E Hanover St
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