NOT LISTED FOR SALE
4 Beds
4 Baths
4,224 Sq Ft
0.32 Acres

Last Sold September 17, 2024

Last sale price $590,000 $140 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Laundry Facilities
  • Smallwood Drive School Rated A
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of September 2024

Welcome to your next investment opportunity at 4875 Main St. This turn-key 4-unit property is comprised of four spacious and updated units, each with 1 bedroom and 1 bathroom. The units are fully leased allowing for substantial income potential. Annual gross income is over $52k with low expenses, providing a low maintenance and minimal cost opportunity for the best return on your investment. Don't miss the chance to add this exceptional property to your investment portfolio.

Last Agent to Sell the Property

Mike Santa Maria

Listing by Santa Maria Development, LLC Brokerage Phone: 716-783-6920 License #10491211920 Listed on: 07/02/2024

Last Buyer's Agent

Ryan Connolly

Listing by Keller Williams Realty WNY License #10301212604

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140

Home Design

  • Quadruplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Parking Available
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 7
  • Assessor Parcel Number 142289-080-060-0008-007-100

Community Details

Overview

  • 4 Units
  • Town/Amherst Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $10,950
  • Gross Income $52,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,325

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1978
  • Attribution Contact: 716-783-6920
  • ResoLaundryFeatures: Common Area
  • Lot Features: Near Public Transit
  • Subdivision Name: Town/Amherst
  • Directions: Main Street, across from Reikart House
  • Architectural Style: Fourplex
  • Flooring: Carpet, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3214
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Common, Paved, Parking Available, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Amherst

Lot Info

  • Parcel Number: 142289-080-060-0008-007-100
  • Lot Dimensions: 100X140
  • Lot Size Sq Ft: 14000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 52680.0
  • Annual Operating Expense: 10950.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8325.0
  • Tax Lot: 7
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $590,000 +9.3% $140 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $540,000 -- $128 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

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 $8,243 $340,000 $83,000 $257,000
2023 $8,324 $205,000 $77,000 $128,000
2022 $7,781 $205,000 $77,000 $128,000
2021 $7,773 $205,000 $77,000 $128,000
2020 $7,592 $205,000 $77,000 $128,000
2019 $7,544 $205,000 $77,000 $128,000
2018 $7,394 $205,000 $77,000 $128,000
2017 $3,069 $205,000 $77,000 $128,000
2016 $7,594 $192,000 $34,200 $157,800
2015 -- $192,000 $34,200 $157,800
2014 -- $192,000 $34,200 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1549657

Western New York Real Estate Information Services (WNYREIS)