3340 Route 394 3330 Ashville, NY 14710
Listing by: NYS ALLIANCE / ERA Team Vp Real Estate / Sorena Gilkinson / ERA Team VP Real Estate / Michael "Mike" McVinney - Contact:  716-269-4129

  3340 Route 394 3330 Ashville, NY 14710

Active (9 Days)
$650,000
7
BED
8,498
SQFT

Description

Exceptional Investment Opportunity Near Chautauqua Lake – Fully Rented 8-Unit Property

Located in the desirable lakeside community of Stow, NY, this well-maintained 8-unit multifamily property offers immediate cash flow and long-term investment potential. Just minutes from the shores of Chautauqua Lake and convenient to area attractions, this turnkey property is fully rented with a solid rental history and stable occupancy.

Each unit features comfortable layouts, ample natural light, and updated systems to support low-maintenance ownership. Tenants enjoy off-street parking, a peaceful setting, and close proximity to local amenities, recreational areas, and major routes.

Recent improvements include the new addition which added 3 apartments bringing the total to 8. The combination of apartments includes 3 2 bedrooms, 4 1 bedrooms, and 1 efficiency. With reliable tenants in place and consistent income, this property is an ideal addition to any investor’s portfolio that can include additional storage income in the walk-out basement. Monthly utilities are included in the rent but can be charged back to the tenants.

Don’t miss this rare opportunity to own a high-performing asset in a sought-after area near Chautauqua Lake. Schedule your private tour today.

MLS #:
R1594390
Taxes
$14,269
Lot Size
0.6 acres
Type
Multifamily
Year Built
2001
School District
Chautauqua Lake
County
Chautauqua County

Listed By

Sorena Gilkinson, ERA Team Vp Real Estate, Contact: 716-269-4129
Michael "Mike" McVinney, ERA Team VP Real Estate
Source
NYS ALLIANCE
Last checked Jul 1 2025 at 2:17 PM GMT+0000
Bathroom Details
Interior Features
  • Free-Standing Range
  • Gas Water Heater
  • Oven
  • Refrigerator
Lot Information
  • Irregular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Baseboard
  • Electric
  • Forced Air
  • Gas
Basement Information
  • Partially Finished
  • Walk-Out Access
Flooring
  • Carpet
  • Laminate
  • Tile
  • Varies
  • Vinyl
Exterior Features
  • Roof: Metal
  • Roof: Asphalt
Utility Information
  • Utilities: Sewer Available, Water Source: Well
  • Sewer: Septic Tank
School Information
  • Elementary School: Chautauqua Lake Elementary
  • Middle School: Chautauqua Lake Middle
  • High School: Chautauqua Lake High
Parking
  • No Garage
Stories
  • 3
Living Area
  • 8,498 sqft
Additional Information: ERA Team Vp Real Estate | 716-269-4129
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by ERA Team VP Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/1/25 07:17