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  • $525,000

    9 Forbes St, Fredonia, NY 14063

    16beds
    4,878sqft
    Multi Family
    Built in 1996
    -- sqft lot
    $550,200 Zestimate®
    $108/sqft
    $-- Estimated rent

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    What's special

    Attention Investors! EXCELLENT investment opportunity in the village of Fredonia. This beautiful and spacious student rental complex consists of 4 separate 4 bedroom/2 bathroom apartments. Totaling 16 bedrooms that are rented at $2750 per semester/per bedroom, there is the potential to earn 90k annually (this number does not reflect the summer months where additional income can be earned by utilizing each unit as an air BNB). Located on Central Avenue directly across from the SUNY Fredonia president's house, these fully furnished rental units are highly desired by students who wish to be within walking distance of campus. A large parking lot with enough space for 40 cars is shared with 185 Central Avenue. 185 central is being offered with this property as part of a package. Don't miss out on this rare opportunity!

    Zillow last checked: 8 hours ago

    Listing updated: February 27, 2025 at 05:14am

    Listed by:

    Michael Heald 716-413-1500,

    Premier Realty & Investments

    Bought with:

    Nicole Genberg, 10401295713

    PropertyMatch USA, LLC

    Source: NYSAMLSs,MLS#: R1553765MLS LogoOriginating MLS: Chautauqua-Cattaraugus

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Gas, Baseboard
    Appliances
    • Included: Gas Water Heater
    • Laundry: Common Area
    Features
    • Cathedral Ceiling(s), Window Treatments
    • Flooring: Carpet, Laminate, Varies
    • Windows: Drapes
    • Basement: Partial,Sump Pump
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 4,878
    • Total interior livable area: 4,878 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.31 Acres
    • Dimensions: 110 x 117
    • Features: Near Public Transit, Residential Lot
    Details
    • Parcel number: 0658011130070003043000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • Resale
    • Year built: 1996

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Fredonia
    • Subdivision: Holland Land Company's Su

    Other

    Other facts
    • Listing terms: Cash,Conventional