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!
Property Details
Price:
$139,000
MLS #:
R1714952
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
alleganyvillage042001
Listed Date:
Sep 15, 2026
Finished Sq Ft:
2,856
Total Sq Ft:
2,856
Lot Size:
2,875 sqft / 0.07 acres (approx)
Year Built:
1950
Units:
4
See this Listing
Schools
School District:
Allegany-Limestone
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Laminate, Luxury Vinyl, Varies
Heating
Gas, Wall Furnace
Levels
Two
Exterior
Architectural Style
Fourplex
Construction Materials
Composite Siding, Fiber Cement
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Common
Stories
2
Financial
Taxes
$2,573
Map
Community
- Address111 West Main Street Allegany NY
- CityAllegany
- CountyCattaraugus
- Zip Code14706
Subdivisions in Allegany
Market Summary
Current real estate data for Multi Family in Allegany as of Oct 25, 2026
2
Multi Family Listed
74
Avg DOM
60
Avg $ / SqFt
$819,500
Avg List Price
Property Summary
- 111 West Main Street Allegany NY is a Multi Family for sale in Allegany, NY, 14706. It is listed for $139,000 To schedule a showing of MLS#r1714952 at 111 West Main Street in Allegany, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Howard Hanna Professionals – Olean. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 111 West Main Street
Allegany, NY