CCertihomes
6979 Nys Route 242 W, Ellicottville, NY 14731

$899,000

12 beds 7 baths 3,136 sqft Built 1900250 days on marketActive

About this home

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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,831/mo

Real estate (PITI + HOA + PMI)
$6,031
Principal + interest$4,077
Property tax + insurance$1,617
PMI / 2nd mortgage$337
Utilities
$2,097
Heating + cooling$902
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$6,831/mo TLC
Budget$7,331/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
4%

Quick facts

Type
MultiFamily
Style
Detached, Triplex
Year built
1900
Lot size
0.7664 ac
Stories
2
Heating
Gas, Baseboard, ForcedAir
Cooling
Water
Well
HOA
Annual tax
$8,208
MLS #
B1514343
County
Cattaraugus

At a glance

Fireplace

Home features

Appliances
GasWaterHeater
Interior
WetBarCeilingFansCathedralCeilingsHotTubSpaSlidingGlassDoorsStorageSkylights
Exterior
BalconyBarbecueDeckPatio
Parking
PavedTwoOrMoreSpaces
Flooring
Carpet, Tile, Varies
Roof
Asphalt, Metal, Other, Pitched, SeeRemarks
Sewer
SepticTank

Lot features

ResidentialLot

Schools

Elementary
Ellicottville Elementary
High
Ellicottville Middle High

Neighborhood — 14731

MetricThis ZIPCountyUSA
Population40219,351,094299,088,112
Population Change Since199012.00%8.00%20.00%
Population Density9395
Male2009,381,926147,432,321
Female2029,969,168151,655,844
Never Married824,946,39163,775,926
Married1967,166,701123,120,365
Separated141,159,67312,639,686
Widowed201,110,24515,467,586
Divorced351,210,44823,075,029
Number Of House Hold1717,102,016111,826,380
Average House Hold Size2.322.642.60
Medial Age45.3736.5335.46
Median House Hold Income$48,541$49,847$48,276
Average House Hold Income$60,678$70,032$63,629
P C I$27,179$26,569$24,529
M D I$41,606$42,210$41,133
A T H E$49,875$54,185$50,898
S T R8.00%4.00%
W C J74.82%81.55%77.74%
(Zip) Code
14731

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 12/22/2023. Provided courtesy of Keller Williams Realty Lancaster via Buffalo MLS. Information deemed reliable but not guaranteed.

6979 Nys Route 242 W · Ellicottville — $899,000 · Certihomes