16 Walnut Street
Persia, NY, 14070
$259,900
5 Beds
0 Baths
2,736 SqFt
0.24 Acres
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Investor’s Dream – Brick 5-Unit with Large Lot & Off-Street Parking in the Village of Gowanda

Don’t miss this exceptional investment opportunity in the heart of the Village of Gowanda! This solid brick 5-unit property is ideally situated just steps from the business district, making it attractive to tenants and poised for long-term value.

The building is currently tenant-occupied in 4 out of 5 units, with each tenant responsible for their own utilities, minimizing overhead and maximizing returns.

The sale includes two parcels (8.084-2-4 and 8.084-2-5.1), providing a generous lot with off-street parking and added development or expansion potential. The driveway is shared between both parcels. Taxes stated reflect the combined total for both lots.

Whether you’re a seasoned investor or just starting out, this is the kind of low-maintenance, income-generating property that rarely hits the market.

24hr notice required.

Property Details

Price:
$259,900
MLS #:
B1599722
Status:
Active
Beds:
5
Baths:
0
Address:
16 Walnut Street
Type:
Single Family
Subtype:
Commercial
Neighborhood:
Gowanda-Village-047201
City:
Persia
Listed Date:
Apr 14, 2025
State:
NY
Finished Sq Ft:
2,736
Total Sq Ft:
2,736
ZIP:
14070
Lot Size:
10,452 sqft / 0.24 acres (approx)
Year Built:
1902
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Schools

School District:
Gowanda

Interior

Appliances
Gas Cooktop, Gas Water Heater, Refrigerator
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Gas, Radiant

Exterior

Construction Materials
Attic Crawl Hatchways Insulated, Brick, Block, Frame, Concrete
Exterior Features
Dirt Driveway, Gravel Driveway
Parking Features
Three Or More Spaces, No Garage
Roof
Shingle

Financial

Net Operating Income
$21,307
Taxes
$4,701

Map

Community

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16 Walnut Street
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