Daniel Terhune

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Listing provided courtesy of Lawson Real Estate Chq., Inc.MLS# R1598521MLS ProviderContact Information: 716-450-4795
  • 446 days on site
  • 17 views

BACK ON MARKET; BUYER FINANCING FAILED! Occupancy is the highest it’s been in years, and the current owner has completed numerous updates—making this 21-unit property a standout opportunity. This is an excellent investment for a savvy buyer seeking scale with the convenience of one centralized location. The property is operating smoothly with many improvements already completed. Current rent roll exceeds $13,000/month and continues to grow, offering immediate income with upside potential. There’s still room to increase value—implement strategic improvements to drive rents higher over time. The potential here is significant. Established property management has a strong relationship with tenants and is willing to remain in place, providing a seamless transition for the next owner.

Source: New York Alliance, MLS#: R1598521

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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Daniel Terhune
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  • Median Age
    40
  • Population Density
    423
  • College Educated
    37%
  • Estimated Median Income
    $42,558
  • Estimated Total Home Owners
    9,821
  • Estimated Total Renters
    7,413
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    39,214
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 218 E 2nd Street #212-218

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/1/2026Source: New York Alliance Price Reduction
$549,900 -15.4%
4/1/2026Source: New York Alliance Status Change
Active
11/20/2025Source: New York Alliance Status Change
Pending
11/18/2025Source: New York Alliance Status Change
Active Under Contract
10/13/2025Source: New York Alliance Status Change
Active
10/10/2025Source: New York Alliance Status Change
Expired
10/9/2025Source: New York Alliance Status Change
Active Under Contract
4/10/2025Source: New York Alliance Added to Database
April 10, 2025