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Listing 4 out of 53
$569,000 For Sale

9 Roberts Ave. (12 S. Terrace Ave.)
Chautauqua Institution, NY 14722

Multi Family Home - MLS# 1044000
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Description

Historic Chautauqua rooming house known as The Cambridge and Annex (9 Roberts Ave. and 12 S. Terrace) Parcel includes 2 buildings on approx. 2 1/2 CI lots (see map). Right in the heart of Chautauqua this property has been run by the same family for forty wonderful years. In an excellent location, you are merely steps from the Amphitheater, the Plaza, and all bus and tram routes. The two buildings which are completely separate are joined only by the connected 1st and second floor porches. In between the two buildings you'll find a delightful courtyard with seating and a prep area for guests. Entering the sunporch on 9 Roberts, you'll find 3 apartments in the front of the first floor, and in the basement there is a kitchen, bath, utility & storage rooms and laundry facilities. On the back side of the first floor is a separate apartment. The second floor features two apartments, one with a private sunporch. Both have their own kitchen and bath. The third floor has an apartment with private porch, kitchen and bath. In the Annex at 12 S. Terrace the first floor features 3 bedrooms and one full bath. The second floor has four bedrooms and one bath. In the 3rd floor you'll find dorm style living with 3 bedrooms, one bath, and kitchenette. Various options for use exist for the property and parcel nestled here in a wonderful central location. Investors welcome, previous plans for condo development were approved by the ARB. Drawings on file in Operations office. Any new plans would require ARB approval. Come and explore this interesting and unique opportunity!

Features

  • Property Type: Multi Family Home
  • Sub Type: Single Family
  • Listing Status: Active
  • Listing Price: $569,000
  • County/Area: Chautauqua County
  • Zip Code: 14722
  • Year Built: 1891
  • School District: Chautauqua Lake
  • Sq.Ft.: 5,637 sq ft
  • Style: Three Story
  • Stories: 3
  • Bedrooms: 15
  • Baths (full): 10
  • Total Baths: 10.0
  • Estimated Age: 126
  • Estimated Annual Taxes: 8, 059
  • Lot Dimensions: 60x100x40x50x20x50
  • Tax Assessment: 398, 800
  • Tax Parcel Number: 297.24-3-9
  • Township: Chautauqua
  • Zoning: Mixed Use Core
Courtesy of Era Team Vp Real Estate

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