1-8 Court Street, Portville, NY 14770

$240,000
8
BD
1,104
SqFt

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Sold Price
$240,000
List Price
$250,000
Status
CLOSED
MLS#
R1649554
Closing Date
Jul 21, 2026
Year Built
1945
Stories
1
Bedrooms
8
Acres
0.73
Living Area
1,104
Region
Portville

Property Description

GREAT INVESTMENT OPPORTUNITY!! Located on a quiet dead-end street, this well-maintained 8-unit apartment complex offers strong income potential in a peaceful residential setting. The property includes four duplex buildings, each featuring a matching layout with 2 bedrooms and 1 full bath per unit. Units 1–6 each have an attached garage, while Units 7 and 8 share a detached two-bay garage. All four buildings have been updated with new metal roofs and new water meters from the town. Water and sewer are included in the rent. Recent updates include new gravel in the driveways and turnaround area. Interior improvements feature Unit 3 with new flooring, doors, paneling, kitchen tile backsplash, shower, vanity, toilet, bedroom ceilings, and trim; Unit 5, 6, and 7 with new flooring; Unit 7 also includes a new laundry room; and Unit 8 with a new toilet and other updates. Currently, 7 of the 8 units are occupied, generating a total monthly income of $4,450, with room to increase returns when fully rented. A solid, low-maintenance property ideal for investors seeking stable cash flow and long-term value.

Additional Information

Taxes
$7,217
Exterior Features
Gravel Driveway
School District
Portville
Elementary School
Portville Elementary
High School
Portville Junior-Senior High
Water
Connected, Public
Sewer
Connected

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Listing courtesy of Howard Hanna Professionals - Olean. Contact: 724-953-6911

Selling Office: EXP-Premier Listings Team.