Back 220 Clover Place
Off Market

220 Clover Place

Cheektowaga NY 14225

5
3
3798 sq. ft.
0.17 ac.
Multi-Family
Last sold for $211,500
Denitza Deni DennisDenitza Deni Dennis, last sold this property on 19 September 2025 after 132 days on market.

Overview

Great opportunity for both seasoned investors and ambitious newcomers. Whether you're looking to expand your portfolio or live in one unit while generating rental income, this centrally located Cheektowaga property offers both versatility and value. The sale includes two buildings. The main structure features three units: two 2-bedroom apartments—one of which is recently renovated and move-in ready—and one 1-bedroom unit. Adjusted to current market rents, this property could generate approximately $2,600 per month, totaling over $30,000 per year, not including the potential of the second structure on the lot. The rear structure, currently used as a storage shed, holds promising possibilities. In the hands of an enterprising owner, it could be transformed into a 2-bedroom income-producing unit, converted into a garage (with electrical already in place), or cleared to create a spacious backyard. With an acceptable offer, the seller is offering a $5,000 incentive toward first-year property taxes—giving you time to challenge and potentially lower the current tax assessment, which is based on a $307,000 valuation. Your tenants could pay off your investment in under five years—don’t miss this high-potential property.

Features

5 bedrooms
3 bathrooms
3798 sq. ft. floor area
0.17 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Cheektowaga over the last 12 months, the estimated median property value of 220 Clover Place is $290k.

Median value
$290k
Estimated value range
$211.5k - $365k
Median days on market
22
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cheektowaga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 220 Clover Place

2025
Sold
$211,500
19 Sep 2025 by Denitza Deni Dennis, of RE/MAX Plus

Happy sellers in Cheektowaga

87%
87% of sellers in Cheektowaga reported that their sale price either exceeded or met their price expectations.

Cheektowaga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Cheektowaga over the last 12 months.

Local market activity for 5 bedroom multi families in Cheektowaga

In the last 12 months, 7 five-bedroom multi families similar to 220 Clover Place, have been sold.

This represents a 43% increase in five-bedroom multi families sales when compared to the previous 12 months.

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