15 Chautauqua Street, Fredonia, NY 14063
Local realty services provided by:ERA Team VP Real Estate
15 Chautauqua Street,Fredonia, NY 14063
$849,900
- 14 Beds
- - Baths
- 7,542 sq. ft.
- Multi-family
- Active
Listed by: michael heald
Office: main street management & development
MLS#:R1678532
Source:NY_GENRIS
Price summary
- Price:$849,900
- Price per sq. ft.:$112.69
About this home
Investor Opportunity – 14-Unit Apartment Complex in Fredonia
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.
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.
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.
The front building offers separately metered gas and electric for each of the four units, reducing expenses while adding efficiency and ease of management.
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.
Whether you’re expanding your portfolio or entering the multi-family market, this property is a solid investment with proven performance....
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Home facts
- Year built:1875
- Listing ID #:R1678532
- Added:8 day(s) ago
- Updated:May 14, 2026 at 02:55 PM
Rooms and interior
- Bedrooms:14
- Flooring:Carpet, Varies, Vinyl
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Full, Sump Pump
- Living area:7,542 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1875
- Building area:7,542 sq. ft.
- Lot area:1.05 Acres
- Lot Features:Rectangular
- Construction Materials:Copper Plumbing, Vinyl Siding
- Exterior Features:Patio, Porch
- Levels:2 Stories
Schools
- High school:Fredonia High
- Middle school:Fredonia Middle
- Elementary school:Fredonia Primary
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$849,900
- Price per sq. ft.:$112.69
- Tax amount:$15,276
Features and amenities
- Appliances:Gas Range, Range Hood, Refrigerator
- Laundry features:Washer Hookup
- Amenities:Storage
Parking
- Parking description:No Garage
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