Unique opportunity to acquire amazing private setting for building your dream home on 4.1 acres, while collecting $55,000 of annual rental income on the same property. The Town of Aurora has granted current & future owner the right to build an additional single family home on the property. Rentals are turnkey, 3 out of the 4 are on leases. Rents have been increased 90% in the last 2.5 years. Updates include new wall to wall carpeting in The White cape, 3 out the 4 units have received fresh coats of paint in the last 2 years. New metal roofing has been installed on the Sheds. Laundry and all appliances are included.
Please review attached video of the property that includes the rentals and the elevated heavily wooded & private portion that could be the ideal spot for building your dream home
Offers to be reviewed as they are received. Seller is a NYS Licensed real estate broker. Also listed as ML# B1476285
Closed
$566,000
718 W Falls Rd, West Falls, NY 14170
8beds
3,537sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$160/sqft
$1,414 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,414/mo
Zestimate® history
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$3,775/mo
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Zillow last checked: 7 hours ago
Listing updated: August 30, 2023 at 07:21am
Listed by:
J. Gerard Green jgerard.green@remax.net,
RE/MAX Precision
Bought with:
Gretchen S Oubre, 40OU1127727
Maywalt Realty Group
Source: NYSAMLSs,MLS#: B1476362
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Gas, Zoned, Forced Air, Wall Furnace
Cooling
- Zoned
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
- Windows: Thermal Windows
- Basement: Full,None,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,537
- Total interior livable area: 3,537 sqft
Property
Parking
- Parking features: Parking Available, Two or More Spaces
Features
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Size: 4.10 Acres
- Dimensions: 308 x 1200
- Features: Wooded
Details
- Parcel number: 1424891990000003058000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Concrete, Shake Siding, Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Asphalt,Metal,Shingle
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
- Utilities for property: Cable Available, Water Connected
Community & neighborhood
Location
- Region: West Falls
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry Second
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2023 | Sold | $566,000+2.9%$160/sqft |
Source:  NYSAMLSs #B1476362 Report a problem | ||
| 6/15/2023 | Pending sale | $549,900$155/sqft |
Source: NYSAMLSs #B1476285 Report a problem | ||
| 6/7/2023 | Listed for sale | $549,900+77.4%$155/sqft |
Source: NYSAMLSs #B1476285 Report a problem | ||
| 11/28/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 11/21/2022 | Listed for rent | $1,650 |
Source: Zillow Rental Network_1 #B1446083 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $84,100 |
| 2023 | -- | $84,100 |
| 2022 | -- | $84,100 |
Find assessor info on the county website
Neighborhood: 14170
Nearby schools
GreatSchools rating
- 5/10Parkdale Elementary SchoolGrades: PK-5Distance: 5.4 mi
- 7/10East Aurora Middle SchoolGrades: 5-8Distance: 5.5 mi
- 9/10East Aurora High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Parkdale Elementary
- Middle: East Aurora Middle
- High: East Aurora High
- District: East Aurora
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Erie County
- West Falls
- 14170
- 718 W Falls Rd