Investment Opportunity!!! With some elbow grease, you can discover your investment oasis in this versatile 4-unit multi-family property. With existing rental units and room for adding additional rental units, this property is your ticket to unlocking endless possibilities and growing your real estate portfolio! The property sports a huge garage with 4 separate doors for possible future tenant storage. The garage also holds a possible 5th apartment!! Newer lennox furnace in the garage. Very nice size lot that gives you the space and comfort any tenant would wish for.This property is currently part of an estate with family members residing who will vacate property when sold. The property is to be sold in AS-IS condition, the seller will make no repairs.Come check out this great opportunity to boost your portfolio and become a landlord!*seller will entertain all offers*
Closed
$110,000
6407 Drake Settlement Rd, Burt, NY 14028
7beds
5,480sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$177,500 Zestimate®
$20/sqft
$1,685 Estimated rent
Home value
$177,500
$126,000 - $243,000
$1,685/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 09, 2024 at 10:18am
Listed by:
Dale Jones 716-392-2765,
HUNT Real Estate Corporation
Bought with:
Pratheep Sakas, 10401360535
Keller Williams Realty WNY
Source: NYSAMLSs,MLS#: B1501610
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric, Propane, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Cedar Closet(s), Ceiling Fan(s), Natural Woodwork
- Flooring: Carpet, Hardwood, Laminate, Tile, Varies
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 5,480
- Total interior livable area: 5,480 sqft
Property
Parking
- Total spaces: 4
- Parking features: Common, Gravel
- Garage spaces: 4
Features
- Stories: 3
- Exterior features: Play Structure, TV Antenna
Lot
- Size: 1.50 Acres
- Dimensions: 167 x 427
- Features: Agricultural
Details
- Parcel number: 2928000260000001014002
- Special conditions: Estate
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Vinyl Siding, Copper Plumbing
- Foundation: Other, See Remarks
- Roof: Asphalt,Pitched,Shingle
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Water Connected
Community & neighborhood
Location
- Region: Burt
Other
Other facts
- Listing terms: Cash,Conventional,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $110,000-24.1%$20/sqft |
Source:  NYSAMLSs #B1501610 | ||
| 12/5/2023 | Pending sale | $145,000$26/sqft |
Source: NYSAMLSs #B1501610 | ||
| 10/3/2023 | Listed for sale | $145,000-6.5%$26/sqft |
Source: NYSAMLSs #B1501610 | ||
| 4/1/2023 | Listing removed | -- |
Source: NYSAMLSs #B1435841 | ||
| 11/30/2022 | Price change | $155,000-8.8%$28/sqft |
Source: NYSAMLSs #B1435841 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 14028
Nearby schools
GreatSchools rating
- 5/10Newfane Middle SchoolGrades: 5-9Distance: 1.8 mi
- 7/10Newfane Senior High SchoolGrades: 6-12Distance: 1.6 mi
- 6/10Newfane Elementary SchoolGrades: K-4Distance: 2.4 mi
Schools provided by the listing agent
- District: Newfane
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.