6979 Nys Route 242 W, Ellicottville, NY
$ 1,295,000
Property Attributes
  • MLS#B1514343
  • TypeMulti-Family
  • CityEllicottville
  • AreaEllicottville
  • Zip14731
  • StyleDetached,Triplex
  • Year Built1900
  • Taxes$ 7817
  • Price$ 1,295,000
  • Bedrooms12
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage3136
  • Lot Size0.766437 Acres
Data Source:
Central New York Information Services (CNYIS)
Property 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, 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!

Elementary School High School
Ellicottville Elementary Ellicottville Middle High
Price History
12/22/2023 Listed $1,395,000
2/16/2024 8% - $1,295,000

General Features

Interior Features WetBar,CeilingFans,CathedralCeilings,HotTubSpa,SlidingGlassDoors,Storage,Skylights
Sewer SepticTank
Heating Gas,Baseboard,ForcedAir
Utilities CableAvailable,HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof Asphalt,Metal,Other,Pitched,SeeRemarks
Appliances GasWaterHeater
Exterior Features Balcony,Barbecue,Deck,Patio
Garage Spaces 0.0
Patio/Porch Features Balcony,Deck,Patio
Architectural Style Detached,Triplex
Construction Materials CompositeSiding
Year Built 1900
Electric CircuitBreakers
View SlopeView
Stories 2
Township Not Applicable
Levels Two
Property SubType MultiFamily
Gross Income 100000.0
OwnerPays AllUtilities,GroundsCare,SnowRemoval
County Cattaraugus
Net Operating Income 78583.0
Operating Expense 13600.0
Property Type Residential
Rent Includes AllUtilities,CommonAreaMaintenance,Gardener,SnowRemoval
Status Active
Directions From the Village of Ellicottville: Take Washington Street (Rte. 219) through the village. Go straight,pass the main entrance to Holimont,immediately after the entrance to The Woods turn left into
High School Ellicottville Middle High
City Ellicottville
View Y/N Yes
High School District Ellicottville
Total Units 3
MLS Area Ellicottville-043689
Lot Size Square Feet 33386.0
Waterfront Y/N No
Street Name Nys Route 242
Spa Features HotTub
Elementary School Ellicottville Elementary
Year Built Details Existing
Tax Annual Amount 7817.0
Property Condition Resale
Days on Market 56
Standard Status Active
Middle/Junior School District Ellicottville
Elementary School District Ellicottville
Tax Assessed Value 314000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1

Interior Features

Flooring Carpet,Tile,Varies
Total Fireplaces 3
Total Stories 2
Heating Y/N Yes
Window Features Skylights
Fireplace Y/N Yes
Full Baths 7
Laundry Features WasherHookup
Total Bedrooms 12
Total Baths 7

Exterior Features

Parking Features Paved,TwoorMoreSpaces
Lot Features ResidentialLot
Water Source Well
Lot Size Area 0.7664
Foundation Details Slab
Spa Yes
Building Area Total 3136.0
Lot Dimensions 144X231
Lot Size Acres 0.7664
Lot Size Units Acres
Door Features SlidingDoors
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet,MainThoroughfare


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 14731

AVG $1.3M
AVG $7,817
AVG 145
Data Provided by Inside Real Estate®
Year Built
AVG 1900
Fair Housing Icon NY Fair Housing Notice