$125,000
$5K PRICE DROP

118 Miller St Sherman, NY 14781

Estimated payment $920/month

Total Views 12,224
5 Beds
2 Baths
2,070 Sq Ft
$60 Price per Sq Ft

Highlights

  • Water Softener is Owned
  • Hot Water Heating System
  • Carpet
  • Ceiling Fan
  • Rectangular Lot
  • 2-minute walk to Firehall Park

About This Home

Nice two-unit home located near all that downtown Sherman has to offer, including many restaurants and shops. The Minerva Free Library is right next door and Sherman Central School is located right behind the home. Both apartments are currently rented, so it's a great opportunity to scoop this home up and use it as an investment property OR live in one unit and let the income from the other help pay your mortgage. The downstairs apartment is currently rented for $700 (utilities NOT included) and is very spacious. It is currently set up as 3 bedrooms, although one of the bedrooms could function as a formal dining room if you wanted additional dining space outside of the eat-in kitchen. The extra large bathroom also doubles as the laundry room and has a stackable washer and dryer. There is also a "bonus space" which is currently used as an office-type space. The upstairs unit is currently rented for $500 (utilities NOT included) and has two bedrooms and an extra large bathroom, which also has in-unit laundry and a newer hot water tank. The blacktop driveway offers parking for 2 or more vehicles. Other recent updates include: new flooring (downstairs), a new combination boiler/on-demand hot water system for the first floor unit, water softener for first floor unit, two new sump pumps including a Sump Jet water powered back-up system, updated electric, spray foam insulation around some of the exposed interior foundation, and newer appliances, which are all included. Along with having access to all that Sherman has to offer, this home is within 15 miles of many other wonderful attractions in Chautauqua County, including Peek 'n Peak Resort (~12 miles), Chautauqua Institution (~10 miles), Panama Rocks (~11 miles), Lake Erie Speedway (~14 miles), Wineries in Westfield (~13 miles), and so many others!

Listing Agent

Amanda Saddler

Listing by PropertyMatch USA, LLC Brokerage Phone: 716-450-4621 License #10401310093 Listed on: 03/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Rectangular Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Cedar

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Sherman Elementary School
  • Sherman High School

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 066601-328-007-0001-034-000

Community Details

Overview

  • 2 Units
  • Holland Land Company's Su Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,749

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-450-4621
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Holland Land Company's Su
  • Directions: From I86, take exit 6 to Sherman. Turn right onto Osborne St. Turn right onto E. Main St. Turn left onto Miller St.
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Other, See Remarks, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Water Softener Owned
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1

Exterior Features

  • Acres: 0.1515
  • Waterfront: No
  • Construction Type: Cedar
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks, Hot Water, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sherman
  • Ninth Grade High School: Sherman High
  • Middle Or Junior School: Other - See Remarks

Lot Info

  • Parcel Number: 066601-328-007-0001-034-000
  • Lot Dimensions: 50X132
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2749.0
  • Tax Lot: 34

MLS Schools

  • Elementary School: Sherman Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,767 $83,000 $13,800 $69,200
2023 $2,778 $83,000 $13,800 $69,200
2022 $2,399 $61,000 $12,500 $48,500
2021 $2,397 $61,000 $12,500 $48,500
2020 $2,293 $61,000 $12,500 $48,500
2019 -- $56,000 $12,500 $43,500
2018 $2,252 $56,000 $12,500 $43,500
2017 $2,279 $56,000 $12,500 $43,500
2016 $2,262 $56,000 $12,500 $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Price Changed $125,000 -2.0% $60 / Sq Ft
03/25/2025 03/25/25 Price Changed $127,500 -1.8% $62 / Sq Ft
03/02/2025 03/02/25 For Sale $129,900 -- $63 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Available
Warranty Deed $8,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Closed $70,000 Purchase Money Mortgage
Previous Owner $70,000 New Conventional
Source: Public Records

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1590917

Chautauqua-Cattaraugus Board of REALTORS®

APN: 066601 328.07-1-34 01