CCertihomes
38 Washington Street, Ellicottville, NY 14731

$2,850,000

0 beds 0 baths 12,446 sqft Built 19690 days on marketActive

About this home

Premier multi-use Commercial Property! One of the most visible buildings in all of Ellicottville with one of the biggest parking lots. Formerly a single story structure, this building was transformed in 2009 into what it is today. There are eight residential units on the second floor with four commercial spaces on the first. Historical vacancy for the commercial tenants is near zero having short periods of vacancy when one leaves. The apartments can be rented on a seasonal or year-long basis and are continuously occupied. All commercial leases are gross leases and with the apartments the landlord pays water/sewer and trash pick-up. Some apartments are furnished by the landlord. All furniture, including televisions and fireplaces, are included with the sale. Blacktop parking lot was re-done in 2024. Very little ongoing maintenance.

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
$22,066/mo

Real estate (PITI + HOA + PMI)
$19,501
Principal + interest$12,926
Property tax + insurance$5,506
PMI / 2nd mortgage$1,069
Utilities
$7,091
Heating + cooling$3,399
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$22,066/mo TLC
Budget$22,566/mo
Remaining after TLC$500/mo
Purchase price
$2,850,000
Down payment
$142,500 (5%)
Loan amount
$2,707,500
APR
4%

Quick facts

Type
Apartment
Style
Year built
1969
Lot size
0.89 ac
Stories
2
Heating
Gas
Cooling
CentralAir
Water
Public
HOA
Annual tax
$29,319
MLS #
B1626051
County
Cattaraugus

At a glance

Air conditioning

Home features

Roof
Asphalt
Sewer
PublicSewer

Lot features

IrregularLot

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.

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Listing information last refreshed 8/1/2025. Provided courtesy of Realty One Briardale via Buffalo MLS. Information deemed reliable but not guaranteed.