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17 Central Ave 6 Unit Apartment Building $537,401 CAD ($89,567 CAD/Unit) 10.50% Cap Rate Fredonia, NY 14063
Executive Summary
Step into a rare opportunity to own a truly iconic property. This stunning historic mansion combines timeless architecture with proven income-producing performance, making it a standout investment or unique live/work opportunity.
Originally built as a grand residence, the property has been converted into 5 apartments plus an office suite, offering immediate cash flow with upside potential. All residential units are currently rented, while the office suite—previously owner-occupied—is ready to be leased, providing an additional income stream.
From the striking brick exterior and detailed trim work to the signature tower and ornate architectural features, the property maintains its historic charm while serving a modern purpose. Large windows throughout provide natural light across multiple units, enhancing tenant appeal and long-term desirability.
Situated on a spacious parcel with mature trees and open green space, the setting offers privacy, curb appeal, and added value for both tenants and future use.
?? INVESTMENT HIGHLIGHTS
Listing Price: $395,000
5 Residential Units + 1 Office Suite
All Apartments Currently Rented
Additional Income Potential (Vacant Office Suite)
Approx. 4,600 Sq Ft (to be verified)
Historic Property with Strong Rental Appeal
Flexible Use Potential (investment, mixed-use, or owner-occupied)
?? PROPERTY DETAILS
Address: 17 Central Ave, Fredonia, NY
Parcel ID: 113.11-3-58.2
Ownership: 17 Central Avenue LLC
Whether you're looking to expand your portfolio, secure a unique mixed-use property, or own a piece of history that generates income—this opportunity checks every box.
Opportunities like this are rare.
Ask about current rents, lease terms, and income potential.
Call or Text Nicole at 716-203-1842
Originally built as a grand residence, the property has been converted into 5 apartments plus an office suite, offering immediate cash flow with upside potential. All residential units are currently rented, while the office suite—previously owner-occupied—is ready to be leased, providing an additional income stream.
From the striking brick exterior and detailed trim work to the signature tower and ornate architectural features, the property maintains its historic charm while serving a modern purpose. Large windows throughout provide natural light across multiple units, enhancing tenant appeal and long-term desirability.
Situated on a spacious parcel with mature trees and open green space, the setting offers privacy, curb appeal, and added value for both tenants and future use.
?? INVESTMENT HIGHLIGHTS
Listing Price: $395,000
5 Residential Units + 1 Office Suite
All Apartments Currently Rented
Additional Income Potential (Vacant Office Suite)
Approx. 4,600 Sq Ft (to be verified)
Historic Property with Strong Rental Appeal
Flexible Use Potential (investment, mixed-use, or owner-occupied)
?? PROPERTY DETAILS
Address: 17 Central Ave, Fredonia, NY
Parcel ID: 113.11-3-58.2
Ownership: 17 Central Avenue LLC
Whether you're looking to expand your portfolio, secure a unique mixed-use property, or own a piece of history that generates income—this opportunity checks every box.
Opportunities like this are rare.
Ask about current rents, lease terms, and income potential.
Call or Text Nicole at 716-203-1842
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,088 CAD | - |
| 2+1 | 1 | $1,224 CAD | - |
| Studios | 1 | $1,326 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 065801-113-011-0003-058-002 | Total Assessment | $64,801 CAD (2025) |
| Land Assessment | $8,707 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $56,094 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
065801-113-011-0003-058-002
Land Assessment
$8,707 CAD (2025)
Improvements Assessment
$56,094 CAD (2025)
Total Assessment
$64,801 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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Adrian Jessome LLC
17 Central Ave
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