41 Mechanic Street

Ellicottville, NY 14731

$525,000
Last Sold Price
10
Beds
4
Baths
4,056 Sq. Ft.
$129 / Sq. Ft.
4,056
Sq. Ft.
$129
per Sq. Ft.

Description

Year-round income potential! Live in one and rent the others or customize to your liking. This property has 4 separate apartments between the main home and Barn. The Main Home features a Beautiful 3 Bedroom, 1 bath unit on the lower level, with washer and dryer in the foyer and all updated windows. The upper unit in the home is nice 2-bedroom 1 bathroom unit. The upper barn apartment features 3 bedrooms and 2 baths and is currently used as the owners’ quarters. To the side of the barn, you enter...Year-round income potential! Live in one and rent the others or customize to your liking. This property has 4 separate apartments between the main home and Barn. The Main Home features a Beautiful 3 Bedroom, 1 bath unit on the lower level, with washer and dryer in the foyer and all updated windows. The upper unit in the home is nice 2-bedroom 1 bathroom unit. The upper barn apartment features 3 bedrooms and 2 baths and is currently used as the owners’ quarters. To the side of the barn, you enter the upper apartment featuring 2 bedrooms and 1 bath. Each unit has Gas FP. There is a garage are in the barn for extra storage. Plenty of parking as well as off street parking. Rent is reflective of seasonal tenants in the winter months. Walk to everything in the Village of Ellicottville, and your only minutes from both ski resorts! Please note the 3 units without Kitchen Measurements are Kitchen/Dining room combos, Dining room measurements equal both rooms. Exclusions List attached for occupied unit. Owners unit excludes some items, including personal items. Property is Partially in a flood plane, Back by the barn.
  1. Listed by David A Blanchard • Keller WilliamsRealtyLancaster
    P: 716-324-2300 C: 716-474-7024 ellicottvilledave@gmail.com

Property Details for 41 Mechanic Street

Styles Of Residence
Fourplex
Waterfront Description
River Access, Stream
On Waterfront
Yes
Parking Description
Common, Gravel, Parking Available, Twoor More Spaces
Nearest Cross Street
Parkside Drive

Location

Listing Courtesy of Keller WilliamsRealtyLancaster

Sold By ERA Team VP Real Estate

Add your commute
LISTING UPDATED: 03/24/2023 04:08 PM

Property Details for 41 Mechanic Street

StatusClosed
MLS #B1350445
Days on Market78
Taxes$3,776 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1870
Lot Size1.05 AC / 45,738 SF
CountyCattaraugus County

Location

Listing Courtesy of Keller WilliamsRealtyLancaster

Sold By ERA Team VP Real Estate

Add your commute

Building Information for 41 Mechanic Street

Stories2Residences4Year Built1870Building Size-Lot Size1.05 AC / 45,738 SF

Payment Calculator

$3,180 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$315

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41 Mechanic Street

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: Ellicottville-Village
  • View: Slope View
  • View YN: Yes
  • Human YN: No
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Ellicottville-Village-043601
  • Tax Annual Amount: $3,776.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 4056.0
  • Land Features: Corner Lot, Residential Lot
  • Num Of Acres: 1.05
  • Lot Size Area: 1.05
  • Lot Size Square Feet: 45738.0
  • Lot Size Units: Acres
  • Parcel Number: 043601-055-027-0002-037-000-0000
  • Road Frontage: City Street
  • Lot Number: 37
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $152,000
  • Year Built: 1870
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Composite Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Description: Block
  • Waterfront Footage: 84
  • Patio And Porch Features: Deck
  • Roof Description: Asphalt, Shingle
  • Waterfront Name: Elm Creek
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Crawl Space
  • Num Fireplaces Total Calculated: 4
  • Fireplace YN: Yes
  • Floor Description: Carpet, Varies, Vinyl
  • Furnished: Furnished
  • Heating: Electric, Gas, Zoned, Baseboard, Space Heater
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Jetted Tub, Storage, Natural Woodwork, Window Treatments
  • Levels: Two
  • Sq Ft Total: 4056.0
  • Main Level Bathrooms: 0
  • Window Features: Drapes, Thermal Windows
Multi Family
Multi-Family Information
  • Net Operating Income: -$3,776.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Insurance, Maintenance Structure, Maintenance, Professional Management, Snow Removal, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dishwasher,Oven/ Range,Refrigerator,Microwave,Dining Area With Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $6,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Dining Area With Living Room,Living Room,Other - See Remarks
  • Unit Type Total Rent: $6,000.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 6000
Unit 3
  • Unit Type Actual Rent: $6,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Microwave,Dining Area With Kitchen,Living Room
  • Unit Type Total Rent: $6,500.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 6500
Unit 4
  • Unit Type Actual Rent: $7,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Dining Area With Kitchen,Living Room,Other - See Remarks,Porch
  • Unit Type Total Rent: $7,500.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 7500
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Snow Removal
  • Tenant Pays: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 41 Mechanic 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 41 Mechanic Street

Taxable ValueLand$70,000Additions$82,000Total$152,000
Home Facts
Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories2Lot Size45,738 SqFtStyleMulti-Family Res (5+ Units)Year Built1870Zoning02CountyCATTARAUGUSAPN043601 55.027-2-37

Schools near 41 Mechanic Street

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.

Similar Homes

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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. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller WilliamsRealtyLancaster

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.