2092 Spruce Street, North Collins, NY 14111
Erie County
Key Facts
Description
Excellent investment opportunity in the heart of North Collins! This 4-unit multifamily property offers strong income potential with an additional unit that could become a fantastic Airbnb or short-term rental opportunity after renovation. Currently generating $2,700 per month in rental income across the four occupied units, this property presents a great opportunity for investors or owner-occupants alike. The property is connected to public sewer and water and features five gas meters and five electric meters already in place, providing excellent future flexibility. There is ample off-street and on-street parking for tenants and guests. The building includes two lower apartments, one offering 2 bedrooms and 1 bathroom and the other featuring 1 bedroom and 1 bathroom. The two upper units include a spacious 3 bedroom, 1 bathroom apartment and an additional 1 bedroom, 1 bathroom unit. One of the upper apartments features a large kitchen, and all units offer generously sized living rooms. Conveniently located within walking distance to several local restaurants and just a short drive to the villages of Eden and Hamburg, this property also provides easy access to Buffalo, approximately 30 minutes away. Outdoor enthusiasts will appreciate the close proximity to Franklin Gulf County Park and Clear Lake Dam for hiking, fishing, and recreation. Please note the live edge shed is not included in the sale and is owned by a tenant. With solid current income and additional upside potential through the unfinished unit, this is a rare opportunity to own a versatile multifamily property in a desirable village location.
Property Information
Property Type
Residential
Sub-Type
Multi Family
Style
Fourplex
Year Built
1937
Stories
2
Living Area
7,617 sq ft
Lot Size
0.32 acres
Lot Dimensions
88X156
Days on Market
50
MLS® Listing#
B1679404
Property Features
Appliances
Heating
Flooring
Basement
Parking
Lot Features
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$7,270
Assessed Value
$96,000
Parcel Number
145801-269-190-0003-016-000
Affordability Calculator
$39,000
Estimated monthly payment
$1,038/mo
Principal $156,000 · Est. interest $217,634 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in North Collins, NY
- $638,235
- Median Listing Price
- 33
- Median Days on Market
- 1,759
- Median Sq Ft
- $381
- Median Price / Sq Ft
- 189
- Active Listings
- This home’s price is 69% below the area median.
- Its price per sq ft is 93% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in North Collins, NY.
Location
Getting Around
Points of Interest in North Collins, NY
Showing the North Collins area map.
Nearby Schools
North Collins Central School
Secondary · 0.3 mi away
North Collins Elementary School
Elementary · 0.5 mi away
Eden Elementary School
Elementary · 5.1 mi away
Eden Central School
School · 5.1 mi away
G L Priess Primary School
Elementary · 5.3 mi away
Eden Central School District
School · 5.5 mi away
Eden Junior Senior High School
Secondary · 5.6 mi away
John T. Waugh Elementary School
Elementary · 5.7 mi away
William T Hoag Elementary School
Elementary · 5.9 mi away
Most Precious Blood Parochial
School · 5.9 mi away
Lake Shore Middle School
Elementary · 6.3 mi away
Lake Shore Senior High School
Secondary · 6.4 mi away
Lake Shore Central School District
School · 6.4 mi away
Erie 2-Chautauqua-Cattaraugus Boces
School · 6.4 mi away
Highland Elementary School
Elementary · 7.7 mi away
A J Schmidt Elementary School
Elementary · 8.0 mi away
Southtowns Catholic School
School · 8.0 mi away
Gowanda Elementary School
Elementary · 8.3 mi away
Pinehurst Elementary School
Elementary · 8.8 mi away
Gowanda Middle School
Secondary · 8.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 42 West Avenue, North Dansville, NY | $174,900 | 6 | 3 | 2,867 |
Moving Cost Estimate
EXIT Agents in North Collins
Listing Courtesy: Howard Hanna WNY Inc. - 716-353-0258
Presented by: Hans Hokenson
IDX information is provided exclusively 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. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2026-05-07