346-350 Central Avenue
Fredonia, NY 14063

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Description

Rental Investment Opportunity in the Village of Fredonia! This well-maintained property features a 20-unit apartment complex along with a spacious 4–5 bedroom, 1.5-bath single-family home, all situated on approximately 1.9 acres. Built in 1971 and meticulously cared for, the property offers a proven track record of consistent tenancy and lucrative rental income. Each apartment is a generously sized one-bedroom, one-bath unit designed for comfortable living. The property also provides ample onsite parking and additional storage space for tenants. Ideally located near SUNY Fredonia, the NYS Thruway, D&F Plaza, and the Lake Erie waterfront, pier, and beaches—making it highly attractive to renters. An outstanding opportunity for investors seeking a stable, income-producing asset with long-term growth potential.

Features

• Property Type: Multi Family Home
• Sub Type: Other
• Listing Status: Active
• County/Area: Chautauqua County
• Zip Code: 14063
• Year Built: 1971
• Sq.Ft.: 10,152 sq ft
• Units: 20 units
• Bedrooms: 20
• Lot Size: 1.9 acres
• Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
• Building Area Total: 10152
• Community Features: Storage Facilities
• Construction Materials: Wood Siding
• Cross Street: Middlesex Drive
• Electric: Circuit Breakers
• Exterior Features: Blacktop Driveway
• Flooring: Carpet, Varies, Vinyl
• Foundation Details: Slab
• Heating: Gas, Baseboard, Hot Water
• High School: Fredonia High
• Levels: Two
• Listing Terms: Cash
• Lot Features: Rectangular, Rectangular Lot, Residential Lot
• Lot Size Area: 1.9
• Lot Size Square Feet: 82764
• Lot Size Units: Acres
• Main Type: Multi Family
• Middle School: Fredonia Middle
• Operating Expense Includes: Fuel, Maintenance, Snow Removal, Trash, Water/Sewer
• Owner Pays: Heat, Trash Collection, Water
• Parcel Number: 065801-096-003-0002-009-000
• Parking Features: Three or more Spaces, No Garage
• Possession: Closing
• Property Condition: Resale
• Rent Includes: Heat, Trash Collection, Water
• Road Frontage Type: City Street, Main Thoroughfare
• Roof: Shingle
• School District: Fredonia
• Sewer: Connected
• Special Conditions Details: Standard
• Stories: 2 Story
• Stories Total: 2
• Tax Annual Amount: 40486
• Tax Assessed Value: 159000
• Tax Lot: 9
• Township: Fredonia-Village
• Utilities: Sewer Connected, Water Connected
• Water Source: Connected, Public
• Year Built Details: Existing