17 Central Ave - Apartments FOR SALE


Fredonia, NY 14063
$395,000 USD
716-203-1842
17 Central Ave, Fredonia, NY for Sale
$395,000 USD
Apartments - FOR SALE
1/13
null | 10.5% Cap Rate

17 Central Ave
Fredonia, NY 14063


OVERVIEW

Step into a rare opportunity to own a truly iconic property. This stunning historic mansion combines timeless architecture with proven income-producing performance, making it a standout investment or unique live/work opportunity. Originally built as a grand residence, the property has been converted into 5 apartments plus an office suite, offering immediate cash flow with upside potential. All residential units are currently rented, while the office suite—previously owner-occupied—is ready to be leased, providing an additional income stream. From the striking brick exterior and detailed trim work to the signature tower and ornate architectural features, the property maintains its historic charm while serving a modern purpose. Large windows throughout provide natural light across multiple units, enhancing tenant appeal and long-term desirability. Situated on a spacious parcel with mature trees and open green space, the setting offers privacy, curb appeal, and added value for both tenants and future use. ?? INVESTMENT HIGHLIGHTS Listing Price: $395,000 5 Residential Units + 1 Office Suite All Apartments Currently Rented Additional Income Potential (Vacant Office Suite) Approx. 4,600 Sq Ft (to be verified) Historic Property with Strong Rental Appeal Flexible Use Potential (investment, mixed-use, or owner-occupied) ?? PROPERTY DETAILS Address: 17 Central Ave, Fredonia, NY Parcel ID: 113.11-3-58.2 Ownership: 17 Central Avenue LLC Whether you're looking to expand your portfolio, secure a unique mixed-use property, or own a piece of history that generates income—this opportunity checks every box. Opportunities like this are rare. Ask about current rents, lease terms, and income potential. Call or Text Nicole at 716-203-1842

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$32 USD /SF

# OF UNITS

6

PRICE/UNIT

$65,833

CAP RATE

10.5%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1872

PARKING SPACES

4

LAND DETAILS

LAND ACRES

3.94 AC

LAND SF

171,600 SF

ZONING

Multi-Family

APN/PARCEL ID

065801-113-011-0003-058-002

ASK ABOUT THIS PROPERTY

Adrian JessomeAdrian Jessome LLCMore Info
716-203-1842

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Adrian JessomeAdrian Jessome LLCMore Info
716-203-1842

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.