Active
220 Clover Place, Cheektowaga NY 14225
MLS# B1605677
$225,000
Price
5
Beds
3
Baths
3,798
Living Area (Sq.Ft.)
0.17
Lot Area (Acres)
$225,000
Price
5
Beds
3
Baths
3,798
Living Area (Sq.Ft.)
0.17
Lot Area (Acres)
Great opportunity for both seasoned investors and ambitious newcomers. Whether you're looking to expand your portfolio or live in one unit while generating rental income, this centrally located Cheektowaga property offers both versatility and value. The sale includes two buildings. The main structure features three units: two 2-bedroom apartments—one of which is recently renovated and move-in ready—and one 1-bedroom unit. Adjusted to current market rents, this property could generate approximately $2,600 per month, totaling over $30,000 per year, not including the potential of the second structure on the lot. <br>The rear structure, currently used as a storage shed, holds promising possibilities. In the hands of an enterprising owner, it could be transformed into a 2-bedroom income-producing unit, converted into a garage (with electrical already in place), or cleared to create a spacious backyard. With an acceptable offer, the seller is offering a $5,000 incentive toward first-year property taxes—giving you time to challenge and potentially lower the current tax assessment, which is based on a $307,000 valuation. Your tenants could pay off your investment in under five years—don’t miss this high-potential property.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
143089-091-200-0011-050-100
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
60X120
Stories
2
Bath Rooms Full
3
Property Condition
Resale
Elementary School District
Cheektowaga
Middle Or Junior School District
Cheektowaga
High School
Other - See Remarks
High School District
Cheektowaga
Location
Listing Agent
Denitza Deni Dennis
Listing Office
RE/MAX Plus
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-05-09
Owner Pays
Trash Collection, Water
Rent Includes
Trash Collection, Water
Fire Places Total
0
Flooring
Carpet, Ceramic Tile, Laminate, Tile, Varies
Heating
true
Heating Features
Gas, Forced Air, Wall Furnace
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Sewer Connected, Water Connected
Parking Features
Gravel
Basement
Full
Construction Materials
Aluminum Siding, Vinyl Siding
No schools found
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 06/27/2025.
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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.
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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 06/27/2025.
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.