CCertihomes
6451 Olean Rd Road, Wales, NY 14139

$429,000

5 beds 4 baths 3,792 sqft Built 193291 days on marketActive

About this home

Must see 4 unit with commercial space & renovated apartments located minutes from East Aurora on the highly visible corner of Olean Rd. & Emery Rd. Open commercial space (unit D) with overhead door connects to a gorgeous studio apartment with brand new kitchen and high end bath. Rear 2 bdrm apartment (unit C) is completely renovated with vaulted ceilings, open floor plan, high end bath & enclosed sun porch overlooking the huge, fenced yard automated gate. All units have private entrances, separate utilities & laundry facilities. All units are currently generating income being fully furnished short term rentals within walking distance to Emery Park & Gow School. Imagine the possibilities of having a highly visible business (hair salon, pet grooming, ice cream parlor, ect) while collecting rents! Commercially zoned lot next door is also available (see MLS #B1591780)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,696/mo

Real estate (PITI + HOA + PMI)
$3,709
Principal + interest$2,753
Property tax + insurance$795
PMI / 2nd mortgage$161
Utilities
$2,113
Heating + cooling$907
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$4,696/mo TLC
Budget$5,196/mo
Remaining after TLC$500/mo
Purchase price
$429,000
Down payment
$21,450 (5%)
Loan amount
$407,550
APR
7.15%

Quick facts

Type
MixedUse
Style
Fourplex
Year built
1932
Lot size
0.37 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Well
HOA
Annual tax
$3,018
MLS #
B1591770
County
Erie

At a glance

Air conditioning
Fireplace

Home features

Appliances
GasWaterHeater
Interior
CeilingFansCathedralCeilingsHotTubSpaBedroomOnMainLevelProgrammableThermostat
Exterior
FenceHotTubSpaPatioPrivateYardSeeRemarks
Parking
GravelPavedParkingAvailable
Flooring
Carpet, CeramicTile, Hardwood, Varies
Roof
Metal
Sewer
SepticTank

Lot features

Rectangular, RectangularLot

Neighborhood — 14139

MetricThis ZIPCountyUSA
Population5,01319,351,094299,088,112
Population Change Since199013.00%8.00%20.00%
Population Density208395
Male2,5139,381,926147,432,321
Female2,5009,969,168151,655,844
Never Married8494,946,39163,775,926
Married2,5847,166,701123,120,365
Separated551,159,67312,639,686
Widowed2151,110,24515,467,586
Divorced3471,210,44823,075,029
Number Of House Hold1,8817,102,016111,826,380
Average House Hold Size2.662.642.60
Medial Age39.5436.5335.46
Median House Hold Income$59,272$49,847$48,276
Average House Hold Income$63,284$70,032$63,629
P C I$23,746$26,569$24,529
M D I$49,206$42,210$41,133
A T H E$51,360$54,185$50,898
S T R8.75%4.00%
W C J81.60%81.55%77.74%
(Zip) Code
14139

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

Map & walkability

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Listing information last refreshed 3/25/2025. Provided courtesy of RE/MAX Precision via Buffalo MLS. Information deemed reliable but not guaranteed.