Fully Occupied Nine-Unit Residential Investment
$895,000
19 Central Ave, Fredonia, NY 14063
12,312 sqft
Building Size
2 acres
Lot Area
Details:
Highlights:
- Nine rental units across six separate dwellings.
- Full occupancy.
- Existing residential rental operation.
- Potential for student housing, subject to verification and approvals.
Description:
Offered for sale, 19 Central Avenue presents a fully occupied residential investment opportunity featuring nine rental units across six separate dwellings. The property offers an established rental operation with an existing tenant base and a multi-building configuration. In addition to its current residential rental use, the property presents potential for student housing, giving investors another rental strategy to evaluate. Any change in use or occupancy would be subject to existing leases, verification of permitted uses, and applicable municipal approvals.
Situated along Central Avenue in the Village of Fredonia, 19 Central Avenue offers a downtown setting near local shops, restaurants, and Barker Common, home to the Fredonia Farmers’ Market and community activities. SUNY Fredonia’s campus is located farther along Central Avenue, positioning the property conveniently for access to the university and supporting consideration of its potential for student housing. The location also provides connections to the surrounding region via U.S. Route 20, Route 60, and the New York State Thruway at Exit 59
Documents:
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Location
Gallery
