About this home

Welcome to 132 Chestnut Street, a beautifully renovated two-unit property located in the heart of the Village of Gowanda. Whether you're an investor seeking a turnkey addition to your portfolio or an owner-occupant looking to offset your mortgage with rental income, this property offers an exceptional opportunity. Nearly every major component has been updated, giving buyers peace of mind for years to come. Recent improvements include a new roof, new furnaces, new hot water tanks, fresh paint throughout, and all-new carpeting. Additional updates are underway, with new block windows and a new garage door being installed prior to the start of showings. The lower unit features 2 bedrooms, 1 full bathroom, and the convenience of in-unit laundry hookups. The upper unit offers 1 bedroom, 1 full bathroom, and access to attic storage space. Both units have separate utilities, making management simple and cost-effective. Outside, you'll find a detached two-car garage and ample parking available through the shared driveway arrangement. Conveniently located near schools, parks, shopping, and local amenities, this property combines modern updates with strong income-producing potential. Move-in ready and fully refreshed, this is the kind of multifamily property that doesn't come along often. Offers will be reviewed as they are received. Don't miss your opportunity to own this turnkey investment in a growing community.

Facts and features

Schools

• Gowanda Middle School

  elementary · 5-8 · 0.7 mi

  3

• Gowanda High School

  high · 9-12 · 0.7 mi

  5

• St Joseph School

  elementary · K-8 · 0.4 mi

• Gowanda Elementary School

  elementary · K-4 · 1.1 mi

  6

Price history

• Sep 8, 2026 · Relisted$119,999
• Sep 6, 2026 · Listing Removed$119,999
• Aug 10, 2026 · Price Changed$119,999
• Jul 20, 2026 · Price Changed$129,999
• Jun 29, 2026 · Price Changed$139,999
• Jun 17, 2026 · Price Changed$149,999
• Jun 4, 2026 · Listed$150,000
• Sep 19, 2025 · Sold$14,000

Tax history

• 2026$915 tax · $46,000 assessed
• 2025$903 tax · $46,000 assessed
• 2024$925 tax · $43,800 assessed
• 2023$1,309 tax · $38,500 assessed
• 2022$1,706 tax · $38,500 assessed
• 2021$1,696 tax · $38,500 assessed
• 2020$2,419 tax · $38,500 assessed
• 2017$3,376 tax · $38,500 assessed

Home value

$120,800

• Cotality$120,800
• Quantarium$122,472
• Collateral Analytics$119,000

Where it is