6407 Drake Settlement Road
Newfane, NY 14028
- 7 beds
- 5 baths
- 5,480 sqft
- ~2 acre lot
- $20 per sqft
- 1920 build
- – on site
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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 checked:
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Last updated Apr 9, 2024
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MLS# B1501610 —
The Building
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Year Built:1920
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Year Built Details:Existing
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Construction Materials:Brick,VinylSiding,CopperPlumbing
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Architectural Style:Fourplex
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Roof:Asphalt,Pitched,Shingle
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Basement:None
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Basement:false
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Foundation Details:Other,SeeRemarks
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Exterior Features:PlayStructure,TVAntenna
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Building Area Total:5480.0
Interior
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Interior Features:CedarClosets,CeilingFans,NaturalWoodwork
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Flooring:Carpet,Hardwood,Laminate,Tile,Varies
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Fireplace:true
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Fireplaces Total:1
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Stories:3
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Stories Total:3
Room Dimensions
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Living Area:5,480 Sqft
Financial & Terms
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Rent Includes:Other,SeeRemarks
Location
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Directions:Heading East down Drake Settlement Road, house is on North Side of road in between Fuller and Transit Rd
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:Resale
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Parcel Number:292800-026-000-0001-014-002
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Lot Features:Agricultural
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Lot Size Dimensions:167X427
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Lot Size Acres:1.5
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Lot Size Area:1.5
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Lot Size Units:Acres
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Waterfront:false
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Other Equipment:SatelliteDish
Listing Agent
- Contact info:
- Agent phone:
- (716) 392-2765
- Office phone:
- (716) 542-2000
Taxes
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Tax Lot:14
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Tax Annual Amount:7810.0
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Tax Assessed Value:161000
Beds
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Bedrooms Total:7
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
Heating & Cooling
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Heating:Electric,Propane,Baseboard
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Heating:true
Utilities
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Utilities:CableAvailable,HighSpeedInternetAvailable,WaterConnected
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Electric:CircuitBreakers
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Sewer:SepticTank
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Water Source:Connected,Public
Appliances
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Appliances:ElectricWaterHeater
Schools
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Elementary School District:Newfane
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Middle Or Junior School District:Newfane
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High School District:Newfane
Parking
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Garage:true
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Garage Spaces:4.0
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Parking Features:Common,Gravel
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/9/24
Apr 9, 2024
|
Sold | NYSAMLS | $110,000 | -24.1% |
|
12/5/23
Dec 5, 2023
|
Pending | NYSAMLS | $145,000 | |
|
10/17/23
Oct 17, 2023
|
Listed / Active | NYSAMLS | $145,000 |
