CCertihomes
70 E Hanover Street, Wellsville, NY 14895

$29,000

5 beds 3 baths 2,357 sqft Built 190056 days on marketActive

About this home

Investor Opportunity – Multi-Unit Potential at 70 Hanover Wellsville. This property offers a fantastic opportunity to create up to 5 rental units—3 in the main house and 2 in the detached secondary structure. Potential layout includes four studio apartments and one 3-bedroom unit. Some updates have already been completed, including electrical, plumbing, windows, and partial drywall/OSB installation. Construction materials and select appliances will convey with the sale, helping you jumpstart the renovation process. With a little vision and sweat equity, this could become a strong income-producing asset. Priced to sell and full of potential—don’t miss out

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
$1,628/mo

Real estate (PITI + HOA + PMI)
$784
Principal + interest$186
Property tax + insurance$587
PMI / 2nd mortgage$11
Utilities
$1,527
Heating + cooling$614
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$1,628/mo TLC
Budget$5,000/mo
Remaining after TLC$3,372/mo
Purchase price
$29,000
Down payment
$1,450 (5%)
Loan amount
$27,550
APR
7.15%

Quick facts

Type
SingleFamilyResidence
Style
HistoricAntique
Year built
1900
Lot size
0.17 ac
Stories
0
Heating
Other, SeeRemarks, None
Cooling
Water
NotConnected, Public
HOA
Annual tax
$5,533
MLS #
R1616614
County
Allegany

At a glance

Basement

Home features

Appliances
AppliancesNegotiable
Interior
OtherSeeRemarks
Exterior
GravelDriveway
Parking
NoGarage
Flooring
Carpet, Hardwood, Varies, Vinyl
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14895

MetricThis ZIPCountyUSA
Population10,41119,351,094299,088,112
Population Change Since1990-8.00%8.00%20.00%
Population Density92395
Male5,0319,381,926147,432,321
Female5,3819,969,168151,655,844
Never Married2,0584,946,39163,775,926
Married4,5167,166,701123,120,365
Separated4511,159,67312,639,686
Widowed7841,110,24515,467,586
Divorced8431,210,44823,075,029
Number Of House Hold3,9997,102,016111,826,380
Average House Hold Size2.522.642.60
Medial Age39.8736.5335.46
Median House Hold Income$34,628$49,847$48,276
Average House Hold Income$47,235$70,032$63,629
P C I$18,958$26,569$24,529
M D I$30,603$42,210$41,133
A T H E$42,068$54,185$50,898
S T R8.50%4.00%
W C J79.97%81.55%77.74%
(Zip) Code
14895

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

Map & walkability

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Listing information last refreshed 6/19/2025. Provided courtesy of Genesee River Realty via Buffalo MLS. Information deemed reliable but not guaranteed.

70 E Hanover Street · Wellsville — $29,000 · Certihomes