Waterfront
Address
12889 Iola Drive, Hanover, NY
Price
$ 425,000
Property Attributes
  • MLS#B1508612
  • TypeMulti-Family
  • CountyCHAUTAUQUA
  • CityHanover
  • AreaHanover
  • Zip14081
  • StyleMultiFamily
  • Year Built1940
  • Taxes$ 4923
  • Price$ 425,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1297
  • Lot Size3,752 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description

Welcome to the much sought-after Sunset Bay Lakefront Community - and not one, but TWO cottages on one lot just steps away from the beach. Watch the sunset from your own front porch! Extremely short walk to the beach - the only way to be closer would include the cost of lakefront property. Deeded water rights. Perfect set up for personal use or rental income – OR BOTH. Frontage on both Iola Dr and Shady Ln. The main cottage features 3 bedrooms, 1 bath, LR & large eat-in kitchen, covered outside lounge area with concrete slab & carport. Rental income potential is year-round for the main cottage. Second cottage features 2 bedrooms, 1 bath, K, LR and loft area with potential to add finished space and a great front porch to watch the sunset. Shingle roof 2015, metal roof 2020. Seller willing to share list of renters with buyer. Can be sold furnished, if desired. SHOWINGS BEGIN IMMEDIATELY!

Price History
11/9/2023 Listed $425,000

General Features

Interior Features CeilingFans,SlidingGlassDoors,WindowTreatments,BedroomonMainLevel
Sewer Connected
Heating Gas,ForcedAir
Cooling WindowUnits,WallUnits
Utilities CableAvailable,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Metal,Shingle
Appliances GasWaterHeater
Exterior Features Deck
Garage Spaces 0.0
Patio/Porch Features Deck
Construction Materials WoodSiding,CopperPlumbing
Year Built 1940
Tenant Pays AllUtilities
View Water
Stories 1
Township Not Applicable
Levels One
Property SubType MultiFamily
Waterfront Features BeachAccess,Lake
Accessibility AccessibleBedroom,NoStairs
County Chautauqua
Net Operating Income -4923.0
Property Type Residential
Status Active
Directions Follow I-90 to exit 58 (NY-5W/US-20W),turn right onto Allegany Rd. Drive over the railroad tracks and veer left to Iola Dr. Property is on your left,just before the beach.
City Hanover
View Y/N Yes
High School District Silver Creek
Total Units 2
MLS Area Hanover-064689
Lot Size Square Feet 3752.0
Waterfront Y/N No
Carport Y/N Yes
Street Name Iola
Year Built Details Existing
Tax Annual Amount 4923.0
Property Condition Resale
Virtual Tour https://12889iolamls.your716homestories.com/
Days on Market 101
Standard Status Active
Middle/Junior School District Silver Creek
Elementary School District Silver Creek
Tax Assessed Value 128000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 20
Virtual Tour https://12889iola.your716homestories.com/

Interior Features

Basement None
Flooring Laminate,Varies,Vinyl
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes
Fireplace Y/N No
Full Baths 2
Street Suffix Drive
Total Bedrooms 5
Total Baths 2

Exterior Features

Parking Features Carport,NoDriveway
Lot Features CornerLot,FloodZone,Rectangular,ResidentialLot
Water Source Connected,Public
Lot Size Area 0.09
Foundation Details PillarPostPier
Building Area Total 1297.0
Lot Dimensions 53X70
Lot Size Acres 0.09
Lot Size Units Acres
Door Features SlidingDoors
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 14081

Price
AVG $430K
$430K
Taxes
AVG $4,923
$4,923
Visits
AVG 133
135
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1940

Areas We Cover

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