2 Family Home Investment Property in the Village of Allegany NY 169 N 2nd Street


Discover this enticing investment opportunity with this multifamily home nestled in the heart of the Village of Allegany NY, Cattaraugus County.

Situated in a charming neighborhood, this property is ideal for savvy investors or for those seeking a dual living arrangement.  This multifamily home sits on a spacious 0.25 acre corner lot offering ample space for residents to enjoy.  With two apartments, each boasting its own private driveway, this property promises both convenience and potential for rental income.

Unit 1 is a downstairs unit that features 2 bedrooms, 1.5 baths, a kitchen, a separate dining area, and a spacious living room.  Added convenience is the inclusion of a washer and dryer within this unit.

Unit 2 is an upstairs apartment that offers 2 bedrooms, 1 bath, a cozy eat-in kitchen and a nice size living room.  Residents of this unit also benefit from a washer and dryer located in the basement.

This property showcases versatility with the flexibility to live in one unit while generating rental income from the other, or the potential to easily convert back to a single-family home.

Just a few miles down the road is Saint Bonaventure University.  Conveniently located within walking distance to Main Street.  Don’t miss out on this opportunity to invest in a multifamily property with vast potential.

Offered at $134,900.  Contact Karen Herdman 585-610-0750 for more information and to schedule a private showing.

4-30-2024 lq#108767








Southwestern Region




Investment Opportunities, Residential

Karen Herdman - See more listings by Karen Herdman

Licensed Title: Licensed Real Estate Salesperson

Phone Number: 585-610-0750

Email: karen@nylandquest.com

"Karen has lived in Allegany County her whole life. She currently resides in Angelica, NY with her husband and two college-aged children. She appreciates the time she has spending with friends and family, especially her children. She enjoys camping and watching sports. She has worked for a municipality over the past 20 years as the Clerk-Treasurer and enjoys working with the public. Karen has been ready for a new challenge and recently received her real estate license. Karen consistently strives to improve her knowledge-base to succeed in further endeavors. Her choice to become a realtor shows her commitment to continue to move forward in her life and help others do the same. Karen is reliable and compassionate. She is excited to be working in the real estate market and is ready to help you find the place you can enjoy and call home or a getaway for the weekends."

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