7120 Poverty Hill Road Ellicottville NY 14731 MLS #B1416596

7120 Poverty Hill Road
Ellicottville, NY, 14731
$699,000
3 Beds
3 Baths
2,224 SqFt
2.55 Acres
A one of a kind property located in the four season resort of Ellicottville. Over 2 ½ acres of natural beauty will create family memories year-round. Both chalets are in excellent condition. Only a 5 minute drive to downtown and the ski slopes. Great privacy and ideal for group gatherings. The flexibility of having two rustic chalets on the same property gives you the opportunity of renting one out through AirBNB as the current owners have done and live in the other very inexpensively. Many updates include: The main chalet which has granite counter tops and a stunning stone fireplace. Open flow first floor with a separate coffee/bar area. Firepit area for and covered porch for summer fun. Deep two car garage for cars and your four wheelers or snowmobiles. The back cabin is a rustic bungalow with a loft bedroom and two covered porches. A nice fire-pit area is a real renter favorite.
Rentals in the back cabin in 2021 totaled $35,000. The front house was rented much less because of owner use and grossed $14,000. The front house can demand double the rent of the back cabin.

Property Details

Price:
$699,000
MLS #:
B1416596
Status:
Closed ((Nov 11, 2022))
Beds:
3
Baths:
3
Address:
7120 Poverty Hill Road
Type:
Single Family
Subtype:
Single Family Residence
City:
Ellicottville
Listed Date:
Jul 8, 2022
State:
NY
Finished Sq Ft:
2,224
ZIP:
14731
Lot Size:
3 acres
Year Built:
1928
Ask a Question
7120 Poverty Hill Road
Ellicottville, NY

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Ellicottville

Interior

Appliances
Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Range Hood, Wine Cooler
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Wall Unit(s)
Fireplaces Total
2
Flooring
Hardwood, Tile, Varies, Vinyl
Heating
Electric, Gas, Zoned, Forced Air, Radiant Floor, Wall Furnace
Laundry Features
Main Level

Exterior

Architectural Style
Cabin/ Cottage, Two Story
Construction Materials
Log, Vinyl Siding, Copper Plumbing
Exterior Features
Blacktop Driveway, Deck, Propane Tank – Leased, Private Yard, See Remarks
Parking Features
Detached, Garage Door Opener

Financial

Map

Community

Similar Listings Nearby