11 months on rocket

Sale Pending

5 Lake Ave, Portland, NY, 14716

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,600 SqFt
$31/SqFt
Multi
Schools Nearby

Location

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5 Lake Ave, Portland$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCommon, Two or More Spaces
Year Built1970
HeatingElectric, Baseboard
MLS #R1473344
Lot Size0.06 Acres
StatusSale Pending
(Pending)

About 5 Lake Ave

Commercial 3 unit investment property located right downtown Brocton, consists of 2 apartments and one smaller commercial unit that used to be a hair salon. The lower left is currently rented out as a bedroom/and half bath with the lower right side which is a 1 bedroom unit. The upper unit is a 2 bedroom apartment. 2 newer hotwater tanks, all appliances included except 1 dryer. Lower tenant has been there about 15 years. Brocton Electric utilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1970
  • Stories: 2
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Howard Hanna Holt - Fredonia
  • Office Phone: (716) 679-8355
  • Listing Agent: Tammy Hess Schmitt

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Varies, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Common, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard

Other

Directions Information:

  • Directions: Main st in Brocton, turn down Lake Ave. Building will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $31/SqFt
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MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1473344

Listing Office:

  • Office Name: Howard Hanna Holt - Fredonia
  • Office Phone: (716) 679-8355
  • Listing Agent: Tammy Hess Schmitt

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/23/2024, 12:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2298994
4
/10

  • Brocton Elementary School

  • 138 W Main St

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-2298995
5
/10

  • Westfield Elementary School

  • 203 E Main St

  • 7.72 miles

  • Public District Grades PK-5

school-card-donut-2298996
6
/10

  • Fredonia Elementary School

  • 425 E Main St

  • 7.91 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,538. Most Chautauqua County, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Chautauqua County›Portland›14716›5 Lake Ave

This home is located at 5 Lake Ave in Portland, NY and zip code 14716. This 1,600 square foot home, which was built in 1970, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 25, 2023 and is currently priced at $49,900.

While more than 16 listings in Chautauqua County, NY in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 45 were sold below. The inventory of homes for sale in Chautauqua County, NY between February 2024 and March 2024 decreased by 2.2%. In March 2024 median list price was $139,971 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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