Active
15 Chautauqua Street, Pomfret NY 14063
MLS# R1678532
$849,900
Price
14
Beds
-
Baths
7,542
Living Area (Sq.Ft.)
1.05
Lot Area (Acres)
$849,900
Price
14
Beds
-
Baths
7,542
Living Area (Sq.Ft.)
1.05
Lot Area (Acres)
Investor Opportunity – 14-Unit Apartment Complex in Fredonia <br> <br>Attention investors—this is a rare opportunity to acquire a well-maintained 14-unit apartment complex just inside the Village of Fredonia. With a strong rental history and gross annual income exceeding $140,000, this property offers immediate cash flow and long-term upside. <br> <br>The property features two buildings: a front house with four spacious units and a rear single-story building consisting of 10 more units. Combined there are seven studio apartments, three 2-bedroom apartments, and four 1 bedroom apartments. Several units have been thoughtfully renovated, enhancing both appeal and rental potential. <br> <br>Several major improvements have already been completed, including newer roofs, updated boilers, and hot water tanks, reflecting consistent ownership care and reduced future capital expenses. <br> <br>The front building offers separately metered gas and electric for each of the four units, reducing expenses while adding efficiency and ease of management. <br> <br>Ideally located within walking distance to downtown Fredonia’s shops, restaurants, and nightlife, and just minutes from SUNY Fredonia, this property benefits from a highly desirable rental location. <br> <br>Whether you’re expanding your portfolio or entering the multi-family market, this property is a solid investment with proven performance.
Status
Active
Property Type
MultiFamily
Property Sub Type
Other
Year Built
1875
Parcel Number
065801-113-018-0003-046-000
Unit Number
--
Lot Features
Rectangular, Rectangular Lot
Levels
Two
Lot Size Dimensions
150X304
Stories
2
Community Features
Other,SeeRemarks
Property Condition
Resale
Elementary School
Fredonia Primary
Elementary School District
Fredonia
Middle Or Junior School
Fredonia Middle
Middle Or Junior School District
Fredonia
High School
Fredonia High
High School District
Fredonia
Location
Listing Agent
Michael Heald
Listing Office
Main Street Management & Development
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash
Listing Agreement
ExclusiveRightToSell
Listing Service
LimitedService
Listing Contract Date
2026-05-05
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Gross Income
140000
Fire Places Total
0
Interior Features
Ceiling Fans, Storage
Flooring
Carpet, Varies, Vinyl
Laundry Features
Washer Hookup
Heating
true
Heating Features
Gas, Baseboard, Forced Air
Appliances
Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood
Electric
Circuit Breakers
Garage
false
Garage Spaces
0
Exterior Features
Blacktop Driveway, Patio
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt, Shingle
Utilities
Electricity Connected, Sewer Connected, Water Connected
Parking Features
One And One Half Spaces, No Garage
Foundation Details
Slab
Basement
Full, Sump Pump
Construction Materials
Vinyl Siding, Copper Plumbing
Patio And Porch Features
Covered, Patio, Porch
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.