111 W Main St, Allegany, NY, 14706
About This Home
Excellent investment opportunity in the heart of Allegany, NY, just minutes from St. Bonaventure University! This well-located 4-unit property offers strong rental potential, ideal for student housing or long-term tenants. Each unit provides functional living space with separate entrances, making it attractive for a variety of rental strategies. Situated in a high-demand rental area, this property benefits from consistent occupancy driven by proximity to the university, local amenities, and downtown Allegany. Whether you're looking to expand your portfolio or start investing, this property offers great income potential with upside through improved rents or updates. Don’t miss your chance to own a multi-unit in a prime location!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Construction materials: Composite Siding,Fiber Cement
Type & Style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood,Laminate,Luxury Vinyl,Varies
Heating
- Heating features: Gas,Wall Furnace
Interior Area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
Property
Details
- Parcel number: 04200109304300010180000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,874 sqft
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 25 x 115
Parking
- Parking features: Common
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Cattaraugus County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $672 | $8,064 |
| Home Insurance * | $52 | $624 |
| Property Taxes | $212 | $2,544 |
| Electricity | $471 | $5,663 |
| Total | $1,407 | $16,884 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Listed for sale | $132,900 |
| 2016-10-25 | Listing removed | $84,900 |
| 2016-09-07 | Price change | $84,900 |
| 2016-07-08 | Listed for sale | $89,900 |
View on Zillow