6979 Highway 242

Ellicottville, NY 14731

$1,150,000
Price
12
Beds
7
Baths
3,136 Sq. Ft.
$367 / Sq. Ft.
3,136
Sq. Ft.
$367
per Sq. Ft.

Description

INCREDIBLE INVESTMENT OPPORTUNITY: 3 houses surrounded by Holimont Ski Area! Location, location, location! Holimont is in your back yard and a it's short walk to the village! This is a rare find! The Front House sleeps 16+ with 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, dining room, 2 fireplaces, front porch, and back patio with a hot tub. The Back House sleeps 12+ and can be split into 2 units with separate entrances: The first unit has 3 bedrooms, a large family room, full bathroom,...INCREDIBLE INVESTMENT OPPORTUNITY: 3 houses surrounded by Holimont Ski Area! Location, location, location! Holimont is in your back yard and a it's short walk to the village! This is a rare find! The Front House sleeps 16+ with 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, dining room, 2 fireplaces, front porch, and back patio with a hot tub. The Back House sleeps 12+ and can be split into 2 units with separate entrances: The first unit has 3 bedrooms, a large family room, full bathroom, kitchen, dining area, living room, and back patio. You can either lock out the 2nd unit, or open the connecting door that takes you upstairs to a large family room, kitchen, bathroom, and 2 bedrooms. The 3rd House sleeps 6+ and has open family room with a wood burning fireplace, kitchen, dining room, 2 bedrooms, a full bathroom, and an outdoor patio with a hot tub. The paved driveway is huge and provides plenty of parking for everyone! Tons of potential! Live in 1 house and rent the other 2, use all 3 houses for extended family, or bring in tons of rental income by renting all 3 houses. The possibilities are endless! Don't miss this unique opportunity!
  1. Listed by Jennifer Courtney • Keller Williams Realty Lancaster
    P: (716)-324-2300 C: (716)-998-1126 ellicottvillejen@gmail.com
  2. Listed by David A Blanchard • Keller Williams Realty Lancaster
    P: (716)-324-2300 C: (716)-474-7024 ellicottvilledave@gmail.com

Property Details for 6979 Highway 242

Styles Of Residence
Detached, Triplex
On Waterfront
No
Parking Description
Paved, Twoor More Spaces
Nearest Cross Street
Woods Road
LISTING UPDATED: 08/28/2024 09:59 AM

Property Details for 6979 Highway 242

StatusActive
MLS #B1514343
Days on Market335
Taxes$8,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.77 AC / 33,386 SF
CountyCattaraugus County

Building Information for 6979 Highway 242

Stories2Residences3Year Built1900Building Size-Lot Size0.77 AC / 33,386 SF

Property Information for 6979 Highway 242

Summary
Location and General Information
  • Elementary School Name: Ellicottville Elementary
  • Elementary School District: Ellicottville
  • High School Name: Ellicottville Middle High
  • High School District: Ellicottville
  • Middle Or Junior School District: Ellicottville
  • Village: Not Applicable
  • View: Slope View
  • View YN: Yes
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Ellicottville-043689
  • Tax Annual Amount: $8,208.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3136.0
  • Land Features: Residential Lot
  • Num Of Acres: 0.7664
  • Lot Size Area: 0.7664
  • Lot Size Square Feet: 33386.0
  • Lot Size Units: Acres
  • Parcel Number: 043689-055-033-0003-001-000-0000
  • Road Frontage: City Street, Main Thoroughfare
  • Lot Number: 1
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $314,000
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Septic Tank
  • Utilities Available: Cable Available, High Speed Internet Available
  • Water Supply: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Composite Siding
  • Exterior Features: Balcony, Barbecue, Deck, Patio
  • Foundation Description: Slab
  • Patio And Porch Features: Balcony, Deck, Patio
  • Roof Description: Asphalt, Metal, Other, Pitched, See Remarks
Interior Features
  • Appliances: Gas Water Heater
  • Num Of Possible Bedrooms: 12
  • Door Features: Sliding Doors
  • Num Fireplaces Total Calculated: 3
  • Fireplace YN: Yes
  • Floor Description: Carpet, Tile, Varies
  • Heating: Gas, Baseboard, Forced Air
  • Heating YN: Yes
  • Interior Features: Wet Bar, Ceiling Fans, Cathedral Ceilings, Hot Tub Spa, Sliding Glass Doors, Storage, Skylights
  • Laundry Features: Washer Hookup
  • Levels: Two
  • Sq Ft Total: 3136.0
  • Main Level Bathrooms: 0
  • Spa Features: Hot Tub
  • Spa YN: Yes
  • Window Features: Skylights
Multi Family
Multi-Family Information
  • Gross Annual Income: $100,000.00
  • Net Operating Income: $78,192.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $13,600.00
  • Operating Expense Includes: Electric, Fuel, Insurance, Maintenance, Snow Removal, Utilities, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Microwave,Dining Area With Kitchen,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 2
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 5
  • Features: Dishwasher,Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Dining Area With Kitchen,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $950.00
  • Unit Type Num Full Baths: 3
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 950
Unit 3
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 5
  • Features: Dishwasher,Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Eat-In Kitchen,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $950.00
  • Unit Type Num Full Baths: 3
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 950
Rental
Rental Information
  • Rent Includes: All Utilities, Common Area Maintenance, Gardener, Snow Removal
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 6979 Highway 242

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6979 Highway 242

Taxable ValueLand$82,900Additions$231,100Total$314,000
Home Facts
Baths4Total Finished SqFt2,296 SqFtAbove Grade Finished SqFt2,296 SqFtStories2Lot Size33,408 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Zoning04 - FARMCountyCATTARAUGUSAPN043689 55.033-3-1Fireplace TypeHas Fireplace

Schools near 6979 Highway 242

This home is within Ellicottville Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Ellicottville Elementary School
PublicPK to 5

Ellicottville Middle School High School
Public6 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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6979 Highway 242 is a multi-family home for sale in Ellicottville, NY 14731. This property was listed for sale on December 22, 2023 by Keller Williams Realty Lancaster, it's currently listed at $1,150,000. It has been on the market for a total of 335 days and was last sold on August 14, 2018. This listing's school district is Ellicottville Central School District. Nearby schools include Ellicottville Elementary School and Ellicottville Middle School High School. 6979 Highway 242 is a 12-bed, 7-bath, 3,136 sqft multi-family home built in 1900.

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 Keller Williams Realty Lancaster

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.