2728 Main St Newfane, NY 14108
Highlights
- Woodwork
- Patio
- Forced Air Heating System
- Window Unit Cooling System
- Awning
- Ceiling Fan
About This Home
As of October 2024VR Pricing! Seller considering offers $275,000-$300,000! Here is your chance to own a lucrative short or long term rental property! Nestled in the heart of Niagara County, this stunning, turn key 5 UNIT property with 7 Bedrooms and 5 Full bathrooms offers both an exceptional investment opportunity and a relaxing escape for guests and tenants. Beautifully designed and fully furnished units - Each unit equipped with modern amenities including free Wifi and Cable TV, fully equipped kitchens for guests to enjoy home-cooked meals. Impeccably clean and well-appointed bathrooms, cozy living areas perfect for relaxation, awesome covered back patio for gatherings and free parking! Walk to restaurants, stores and conveniences. Enjoy local parks, fishing, several Niagara County wineries, Lewiston Artpark concerts, boating, countless summertime festivals and visit Niagara Falls! Metal roof installed 2022. Solar panels for reduced electricity bills and increased profitability. Utility room with laundry, large parking area and 3 car garage behind building provides a ton of storage. Property has been certified with the Town as an Airbnb. Units can also be used for long term rentals if desired
Last Agent to Sell the Property
Listing by Keller Williams Realty WNY Brokerage Phone: 716-984-7891 License #40MA0982275
Last Buyer's Agent
Listing by Berkshire Hathaway Homeservices Zambito Realtors License #10401322957
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,931
Year Built
- Built in 1880
Lot Details
- 6,765 Sq Ft Lot
- Lot Dimensions are 41x165
- Rectangular Lot
Home Design
- Vinyl Siding
Interior Spaces
- 5 Bedrooms
- 3,140 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Awning
- Carpet
- Washer Hookup
Parking
- 1 Parking Space
- Shared Driveway
Outdoor Features
- Patio
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Wall Furnace
- Hot Water Heating System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 292800-038-012-0001-055-000
Community Details
Overview
- 5 Units
Building Details
- 4 Separate Gas Meters
- Gross Income $65,000
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $251,000 | None Listed On Document | |
| Deed | $53,773 | Henry Schmidt | |
| Deed | $32,500 | Stephen A Sacca |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $251,000 | -8.7% | $80 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 06/09/2024 06/09/24 | Price Changed | $275,000 | -8.3% | $88 / Sq Ft |
| 04/19/2024 04/19/24 | For Sale | $300,000 | -- | $96 / Sq Ft |
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 | $4,571 | $73,700 | $9,000 | $64,700 |
| 2023 | $4,571 | $73,700 | $9,000 | $64,700 |
| 2022 | $4,516 | $73,700 | $9,000 | $64,700 |
| 2021 | $4,494 | $73,700 | $9,000 | $64,700 |
| 2020 | $4,253 | $73,700 | $9,000 | $64,700 |
| 2019 | $4,111 | $73,700 | $9,000 | $64,700 |
| 2018 | $4,230 | $73,700 | $9,000 | $64,700 |
| 2017 | $4,111 | $73,700 | $9,000 | $64,700 |
| 2016 | $4,057 | $73,700 | $9,000 | $64,700 |
| 2015 | -- | $73,700 | $9,000 | $64,700 |
| 2014 | -- | $73,700 | $9,000 | $64,700 |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1532280
APN: 292800-038-012-0001-055-000
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