$139,900
PENDING

719 & 721 Colton Ave Arcadia, NY 14513

Estimated payment $970/month

Total Views 9,321
5 Beds
2 Baths
2,233 Sq Ft
$63 Price per Sq Ft

Highlights

  • Agricultural
  • Baseboard Heating
  • Rectangular Lot
  • Energy-Efficient Appliances
  • High Speed Internet
  • Property is Fully Fenced

About This Home

Discover this exceptional investment opportunity on a quiet street, featuring two fully separate residential units—each with its own private entrance and dedicated parking spaces. Perfect for owner-occupants, extended families, or investors seeking rental income. Unit 1 features a spacious 3 Bedrooms and 1 Bathroom. Unit 2 features a comfortable 2 Bedrooms and 1 Bathroom. There are private entrances for each unit as well as exclusive parking spaces. Brand new electrical service on both sides and freshly painted w new flooring in most of it. Located on a quiet corner lot with added privacy and curb appeal. Whether you're looking to live in one unit and rent the other, or maximize returns with dual rental income, this property offers flexibility and long-term value. Seller would hold the mortgage with $30K down. Delayed negotiations until Monday July 28th @ 5pm.

Listing Agent

Tracy Zornow

Listing by Empire Realty Group Brokerage Phone: 315-573-2522 License #10401317805 Listed on: 07/22/2025

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1875

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 65x84
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Stone Foundation
  • Aluminum Siding

Interior Spaces

  • 2,233 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 542001-068-110-0007-502-794-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $6,200
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1875
  • Attribution Contact: 315-573-2522
  • Lot Features: Agricultural, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Located on the corner of Colton Ave and East Maple Ave
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Varies
  • Unit Levels: Two
  • Efficiency: Appliances
  • Year Built Details: Existing Unknown
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Aluminum Siding, PEX Plumbing
  • Exterior Features: Fully Fenced
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Newark

Lot Info

  • Parcel Number: 542001-068-110-0007-502-794-0000
  • Lot Dimensions: 65X84
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 6200.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2572.0

Map

Range of Values:

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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

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 $2,658 $85,000 $7,400 $77,600
2023 $2,658 $55,000 $8,300 $46,700
2022 $2,845 $55,000 $8,300 $46,700
2021 $2,806 $55,000 $8,300 $46,700
2020 $2,742 $55,000 $8,300 $46,700
2019 $2,705 $55,000 $8,300 $46,700
2018 $2,626 $55,000 $8,300 $46,700
2017 $2,595 $55,000 $8,300 $46,700
2016 $2,596 $55,000 $8,300 $46,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $139,900 -- $63 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1624340

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0007-502-794-0000