NOT LISTED FOR SALE

6407 Drake Settlement Rd Burt, NY 14028

7 Beds
4.5 Baths
5,480 Sq Ft
1.5 Acres

Last Sold April 09, 2024

Last sale price $110,000 $20 Per Sq Ft

63 Days on Market

Highlights

  • 1.5 Acre Lot
  • 1 Fireplace
  • Woodwork
  • Wood Flooring
  • Cedar Closet
  • Agricultural

About This Home

As of April 2024

Investment Opportunity!!! With some elbow grease, you can discover your investment oasis in this versatile 4-unit multi-family property. With existing rental units and room for adding additional rental units, this property is your ticket to unlocking endless possibilities and growing your real estate portfolio! The property sports a huge garage with 4 separate doors for possible future tenant storage. The garage also holds a possible 5th apartment!! Newer lennox furnace in the garage. Very nice size lot that gives you the space and comfort any tenant would wish for.This property is currently part of an estate with family members residing who will vacate property when sold. The property is to be sold in AS-IS condition, the seller will make no repairs.Come check out this great opportunity to boost your portfolio and become a landlord!*seller will entertain all offers*

Last Agent to Sell the Property

Dale Jones

Listing by No Office Affiliation Brokerage Phone: 716-392-2765 License #10401370823 Listed on: 10/03/2023

No Office Affiliation

Last Buyer's Agent

Pratheep Sakas

Listing by Keller Williams Realty WNY License #10401360535

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 167x427

Parking

  • 4 Car Garage
  • Common or Shared Parking
  • Gravel Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5,480 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Cedar Closet

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available
  • TV Antenna

Additional Features

  • Playground
  • Agricultural

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 292800-026-000-0001-014-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1920
  • Attribution Contact: 716-392-2765
  • Lot Features: Agricultural
  • Directions: Heading East down Drake Settlement Road, house is on North Side of road in between Fuller and Transit Rd
  • Architectural Style: Fourplex
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Cedar Closet(s), Ceiling Fan(s), Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 1.5
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Copper Plumbing
  • Exterior Features: Play Structure, TV Antenna
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Common, Gravel

Utilities

  • Heating: Electric, Propane, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Newfane

Lot Info

  • Parcel Number: 292800-026-000-0001-014-002
  • Lot Dimensions: 167X427
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 7810.0
  • Tax Lot: 14

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
04/09/2024 04/09/24 Sold $110,000 -24.1% $20 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $145,000 -- $26 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dale Jones

    No Office Affiliation

    Section Image

  • P

    Buyer's Agent in 2024

    Pratheep Sakas

    Keller Williams Realty WNY

    (716) 628-4901

    1 in this area

    39 Total Sales

    Pratheep Sakas
    Section Image
See All Agents

Map

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

MLS Number: B1501610

Western New York Real Estate Information Services (WNYREIS)
New York Niagara County Burt 14028

6407 Drake Settlement Rd, Burt, NY

Not Listed for Sale

MultiFamily

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