NOT LISTED FOR SALE

718 W Falls Rd West Falls, NY 14170

8 Beds
4 Baths
3,537 Sq Ft
4.1 Acres

Last Sold August 29, 2023

Last sale price $566,000 $160 Per Sq Ft

3 Days on Market

Highlights

  • 4.1 Acre Lot
  • Deck
  • Wood Flooring
  • Parkdale Elementary School Rated A-
  • Wooded Lot
  • Partial Attic

About This Home

As of August 2023

Unique opportunity to acquire amazing private setting for building your dream home on 4.1 acres, while collecting $55,000 of annual rental income on the same property. The Town of Aurora has granted current & future owner the right to build an additional single family home on the property. Rentals are turnkey, 3 out of the 4 are on leases. Rents have been increased 90% in the last 2.5 years. Updates include new wall to wall carpeting in The White cape, 3 out the 4 units have received fresh coats of paint in the last 2 years. New metal roofing has been installed on the Sheds. Laundry and all appliances are included.
Please review attached video of the property that includes the rentals and the elevated heavily wooded & private portion that could be the ideal spot for building your dream home
Offers to be reviewed as they are received. Seller is a NYS Licensed real estate broker. Also listed as ML# B1476285

Last Agent to Sell the Property

J. Gerard Green

Listing by RE/MAX Precision License #10491210016 Listed on: 06/07/2023

RE/MAX Precision

Last Buyer's Agent

Gretchen Oubre

Listing by Maywalt Realty Group License #40OU1127727

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,362

Year Built

  • Built in 1900

Lot Details

  • 4.1 Acre Lot
  • Lot Dimensions are 1,200 x 308
  • Wooded Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,537 Sq Ft Home
  • 1.5-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Attic

  • Partial Attic
  • Scuttle Attic Hole

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Schools

  • Parkdale Elementary School
  • East Aurora Middle School
  • East Aurora High School

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 58
  • Assessor Parcel Number 142489-199-000-0003-058-000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $15,844
  • Gross Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,362

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 15844
  • NY Swis Code: Aurora-142489
  • Total Assessed Value: 84100
  • Foundation Description: Block
  • Gross Annual Income: 55000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1200
  • Lot Dimension Front: 308
  • Lot Information: Primary Road, Wooded Lot
  • Lot Number: 58
  • Nearest Cross Street: Bridge St
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 138048.78
  • Ratio Close Price By Sq Ft: 160.02
  • Ratio List Price By Acres: 134121.95
  • Ratio List Price By Sq Ft: 155.47
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt, Metal, Shingles
  • School Tax: 4036
  • Sub Board Code: Buffalo
  • Type of Residence: 1 Lot - Multi Structures, 4 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 178596
  • Ad Copy: Unique opportunity to acquire amazing private setting for building your dream home while collecting $55,000 of annual rental income on the same property. The Town of Aurora has granted current & future owner the right to bui
  • Ad Headline: 4 acres & $55,000 income
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Davis Road(240) to Bridge St. to West Falls Road or Mill to West Falls Road, Close to Waldorf School.
  • Attribution Contact: jgerard.green@remax.net
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 4
  • Attic Description: Crawl Space, Partial, Scuttle Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Total Sq Ft: 3537

Exterior Features

  • Construction: Concrete Block, Shake Shingle, Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, Deck, Thermal Windows - Some
  • Number of Acres: 4.1000

Garage/Parking

  • Number of Electric Meters: 5
  • Parking Driveway: 2 or More Spaces, Parking Area

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air, Multi-Zone, Wall Furnace
  • Number of Gas Meters: 4
  • Number of Heating Units: 7
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: East Aurora
  • Elementary School: Parkdale Elementary
  • Middle School: East Aurora Middle
  • High School: East Aurora High

Lot Info

  • Parcel Number: 142489-199-000-0003-058-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 7362

MLS Schools

  • Elementary School Name: Parkdale Elementary
  • High School Name: East Aurora High
  • Middle School Name: East Aurora Middle
  • School District Name: East Aurora

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $566,000 +2.9% $160 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $549,900 +77.4% $155 / Sq Ft
12/18/2020 12/18/20 Sold $310,000 +5.1% $88 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $295,000 -- $83 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J. Gerard Green

    Seller's Agent in 2023

    J. Gerard Green

    RE/MAX

    (716) 866-8307

    25 in this area

    65 Total Sales

    J. Gerard Green
    Section Image

  • G

    Buyer's Agent in 2023

    Gretchen Oubre

    Maywalt Realty Group

    (716) 289-4003

    10 in this area

    43 Total Sales

    Gretchen Oubre
    Section Image

  • M

    Seller's Agent in 2020

    Mona Cook

    RE/MAX

    (716) 545-1279

    2 in this area

    33 Total Sales

    Mona Cook
    Section Image
See All Agents

Map

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

MLS Number: B1476362

Western New York Real Estate Information Services (WNYREIS)
New York Erie County West Falls 14170

718 W Falls Rd, West Falls, NY

This home is located at 718 W Falls Rd, West Falls, NY 14170 since 07 June 2023. This property was built in 1900. 718 W Falls Rd is a home located in Erie County with nearby schools including Parkdale Elementary School, East Aurora Middle School, and East Aurora High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes