5 Pearl St

2,574 Sq. Ft.
$30 / Sq. Ft.
2,574
Sq. Ft.
$30
per Sq. Ft.

Description

Here is a 3 unit multi-family home in the heart of the Hamlet of Forestville! This is your chance at a great entrepreneurial possibility with a property you can live in while collecting 2 additional rents to pay your mortgage and taxes! Alternatively, rent out all 3 units for extra income potential. Speaking of the potential here, this property is not perfect as it does need some TLC and upgrading to realize a higher rental income, however, all 3 units are currently occupied and all tenants will...Here is a 3 unit multi-family home in the heart of the Hamlet of Forestville! This is your chance at a great entrepreneurial possibility with a property you can live in while collecting 2 additional rents to pay your mortgage and taxes! Alternatively, rent out all 3 units for extra income potential. Speaking of the potential here, this property is not perfect as it does need some TLC and upgrading to realize a higher rental income, however, all 3 units are currently occupied and all tenants will require a 90 day term to vacate if necessary. There is a newer asphalt shingle roof on the home and vinyl siding as well as some thermal pane windows. This property also has a very large yard and parking area so there is plenty of space for all to use and enjoy.
  1. Listed by Nathan Steiger • Steiger Realty
    P: (716)-934-4385 C: (716)-536-8606 nathan@steigerrealty.com

Property Details for 5 Pearl Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Gravel, Two Or More Spaces
Nearest Cross Street
Route 39
LISTING UPDATED: 01/09/2026 01:47 PM

Property Details for 5 Pearl Street

StatusActive
MLS #R1655698
Days on Market6
Taxes$5,458 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1890
Lot Size0.55 AC / 24,075 SF
CountyChautauqua County

Location

Listing Courtesy of Steiger Realty
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Building Information for 5 Pearl Street

Stories2Residences3Year Built1890Building Size-Lot Size0.55 AC / 24,075 SF

Payment Calculator

$828 per month

30 year fixed, 6.15% Interest

Principal and Interest

$373

Property Taxes

$455

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Pearl Street

Summary
Location and General Information
  • Elementary School District: Forestville
  • High School District: Forestville
  • Middle Or Junior School District: Forestville
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Hanover-064689
  • Tax Annual Amount: $5,458.00
Property
Lot Information
  • Building Area Total: 2574.0
  • Land Features: Greenbelt, Irregular Lot, Residential Lot
  • Num Of Acres: 0.5527
  • Lot Size Area: 0.5527
  • Lot Size Square Feet: 24075.0
  • Lot Size Units: Acres
  • Parcel Number: 064689-100-009-0002-005-000
  • Road Frontage: City Street, Main Thoroughfare
  • Lot Number: 5
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $65,300
  • Year Built: 1890
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Septic Tank
  • Utilities Available: Cable Available, High Speed Internet Available, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Description: Stone
  • Roof Description: Architectural, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Dirt Floor, Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Varies, Vinyl
  • Heating: Gas, Forced Air, Wall Furnace
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2574.0
  • Main Level Bathrooms: 0
  • Window Features: Storm Windows, Wood Frames
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Accounting, Insurance, Legal, Maintenance Structure, Maintenance, Professional Management, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Dining Area With Kitchen,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $550.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 550
Unit 2
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $550.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 550
Unit 3
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Dining Area With Kitchen,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $450.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 450
Rental
Rental Information
  • Rent Includes: Water

Property History for 5 Pearl Street

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Listed (Active)

WNYREIS #R1655698

$76,500
Feb 28, 2013

Sold (Public Record)

Public Record #1256084731

$60,000
DateEvent & SourcePrice
01/06/2026

Listed (Active)

WNYREIS #R1655698

$76,500
02/28/2013

Sold (Public Record)

Public Record #1256084731

$60,000

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

Public Records for 5 Pearl Street

Taxable ValueLand$7,000Additions$58,300Total$65,300
Tax Record2024$5,285 ($440 / month)
Home Facts
Total Finished SqFt2,574 SqFtAbove Grade Finished SqFt2,574 SqFtStories2Lot Size24,075 SqFtStyleTriplexYear Built1890ZoningRCountyCHAUTAUQUAAPN064689 100.09-2-5

Schools near 5 Pearl Street

This home is within Forestville Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Private - K to 12
Rating
School
Distance
Forestville Elementary School
PublicPK to 6

Forestville Central High School
Public7 to 12

Forestville Baptist Christian Academy
PrivateK 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.

Similar Homes

Similar Sold Homes

5 Pearl Street is a multi-family home for sale in Hanover, NY 14062. This property was listed for sale on January 6, 2026 by Steiger Realty, it's currently listed at $76,500. It has been on the market for a total of 6 days and was last sold on February 28, 2013. This listing's school district is Forestville Central School District. Nearby schools include Forestville Elementary School, Forestville Central High School and Forestville Baptist Christian Academy. 5 Pearl Street is a 4-bed, 3-bath, 2,574 sqft multi-family home built in 1890.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Steiger 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.