33 West Summit Street

Busti, NY 14750

$325,000
Price
5
Beds
3
Baths
3,226 Sq. Ft.
$101 / Sq. Ft.
3,226
Sq. Ft.
$101
per Sq. Ft.

Description

Welcome to this charming multi-family property in the heart of Lakewood! This income-generating gem features three separate units, each with its own utilities (except water/sewer) and convenient laundry hookups in each. Two of the units have been freshly remodeled, making this an attractive option for both investors and owner-occupants. The property boasts five bedrooms and three bathrooms spread across the units, all currently occupied with steady tenants. Outside, you'll find plenty of space to...Welcome to this charming multi-family property in the heart of Lakewood! This income-generating gem features three separate units, each with its own utilities (except water/sewer) and convenient laundry hookups in each. Two of the units have been freshly remodeled, making this an attractive option for both investors and owner-occupants. The property boasts five bedrooms and three bathrooms spread across the units, all currently occupied with steady tenants. Outside, you'll find plenty of space to enjoy, including a welcoming front porch, spacious back deck, and a shared firepit perfect for evening gatherings. Practical amenities include a two-car garage and separate utilities, making property management a breeze. Located in the sought-after Southwestern school district, this property puts you within walking distance of local attractions including the library, playground, all of Lakewood's charming amenities, and the beautiful Chautauqua Lake! Whether you're looking to live in one unit while collecting rental income from the others, or seeking a solid investment property, this multi-family home offers the perfect blend of comfort, convenience, and income potential.
  1. Listed by Tara Walrod • Walrod Realty
    P: (716)-338-7796 C: (716)-397-3799 ntwalrod@gmail.com
  2. Listed by Nathan Walrod • Walrod Realty
    P: (716)-338-7796 C: (716)-338-7796 Nathan.walrod@walrodrealty.com

Property Details for 33 West Summit Street

On Waterfront
No
Parking Description
Garage, Paved, Two Or More Spaces
Nearest Cross Street
Waldemere
LISTING UPDATED: 11/20/2024 05:43 PM

Property Details for 33 West Summit Street

StatusActive
MLS #R1573410
Days on Market5
Taxes$4,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1922
Lot Size0.26 AC / 11,501 SF
CountyChautauqua County

Building Information for 33 West Summit Street

Stories2Residences3Year Built1922Building Size-Lot Size0.26 AC / 11,501 SF

Property Information for 33 West Summit Street

Summary
Location and General Information
  • Elementary School Name: Southwestern Elementary
  • Elementary School District: Southwestern
  • High School Name: Southwestern Senior High
  • High School District: Southwestern
  • Middle School Name: Southwestern Middle
  • Middle Or Junior School District: Southwestern
  • Village: Lakewood-Village
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Lakewood-Village-062201
  • Tax Annual Amount: $4,752.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3226.0
  • Land Features: Rectangular, Residential Lot
  • Num Of Acres: 0.264
  • Lot Size Area: 0.264
  • Lot Size Square Feet: 11501.0
  • Lot Size Units: Acres
  • Parcel Number: 062201-368-018-0003-025-000
  • Road Frontage: City Street
  • Lot Number: 25
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $112,500
  • Year Built: 1922
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air, Radiant
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3226.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Living Room
  • Unit Type Total Rent: $850.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $1,000.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1000
Unit 3
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Formal Dining Room
  • Unit Type Total Rent: $900.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 33 West Summit Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 33 West Summit Street

Taxable ValueLand$9,700Additions$102,800Total$112,500
Home Facts
Baths3Total Finished SqFt3,226 SqFtAbove Grade Finished SqFt3,226 SqFtStories2Lot Size11,470 SqFtStyleTriplexYear Built1922Year Renovated1970Zoning02 - SINGLE RCountyCHAUTAUQUAAPN062201 368.18-3-25Fireplace TypeHas Fireplace

Schools near 33 West Summit Street

This home is within Southwestern Central School District At Jamestown.
Rating
School
Type
Grades
Distance
Southwestern Elementary School
Public - PK to 5
Southwestern Middle School
Public - 6 to 8
Southwestern Senior High School
Public - 9 to 12
Rating
School
Distance
Southwestern Elementary School
PublicPK to 5

Southwestern Middle School
Public6 to 8

Southwestern Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 33 West Summit Street, Busti, NY 14750

33 West Summit Street is a multi-family home for sale in Busti, NY 14750. This property was listed for sale on November 20, 2024 by Walrod Realty, it's currently listed at $325,000. This listing's school district is Southwestern Central School District At Jamestown. Nearby schools include Southwestern Elementary School, Southwestern Middle School and Southwestern Senior High School. 33 West Summit Street is a 5-bed, 3-bath, 3,226 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Walrod Realty

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.