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Property at 1-8 Court Street, Portville, NY 14770
IN ESCROW
$30,000
$250,000

1-8 Court StreetPortville, NY, 14770

8 Beds1,104 SqFt0.73 Acres
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.
1 / 30

Est. Monthly

$1,185/MO

$250,000
$30,000

1-8 Court Street, Portville, NY

8 Beds1,104 SqFt0.73 Acres

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.

StatusIn Escrow
Property TypeMulti Family
Property SubtypeOther
Year Built1945
Days on Market204 days

Est. Monthly Payment

$1,184.99

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

1-8 Court Street

Portville, NY 14770 • Cattaraugus
8
Beds
—
Baths
1,104
SqFt
0.73
Acres
Status
In Escrow
Property Type
Multi Family
Property Subtype
Other
Year Built
194581 years ago
Days on Market
204 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $7,217
Property History
  • Price reduced
    Jan 20, 2026 • NYSAMLS • R1649554
    $280,000 → $250,000
  • Listed for sale
    Nov 11, 2025 • NYSAMLS • R1649554
    $325,000
Mortgage Calculator
Estimated monthly payment for this property
$1,184.99
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1649554
  • Listing Office
    Howard Hanna Professionals - Olean
  • Last Updated
    69 days ago

Appliances

  • Appliances
    • Electric Water Heater
    • Gas Water Heater
    • Refrigerator
    • See Remarks

Climate & Systems

  • Heating
    • Gas
    • Forced Air
    • Space Heater

Interior Features

  • Flooring
    • Carpet
    • Varies
    • Vinyl
  • Basement
    None

Parking

  • Parking Features
    • Two Spaces
    • Shared Driveway

Lot & Grounds

  • Lot Size
    0.73 acres
  • Lot Features
    • Cul De Sac
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Exterior Features
    Gravel Driveway

Type

  • Property Type
    Multi Family
  • Property Subtype
    Other

Structure

  • Construction
    Wood Siding
  • Roof
    Metal

Condition

  • Year Built
    1945
  • Condition
    Resale
  • Days on Market
    204 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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