$1,100,000
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10,493 SqFt
SOLD DATE : 02/27/2023
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,493 sqft
Price per Sqft $104
MLS Listing ID B1431293
Sold Date 02/27/23
Construction Status Existing
HOA Y/N No
Year Built 1915
Annual Tax Amount $9,188
Lot Size 10,728 Sqft
Acres 0.2463
Lot Dimensions 72X149
Property Sub-Type Commercial
Property Description
Incredible investment opportunity on Buffalo's West Side. Fourteen unit apartment complex with a gross monthly rent of $11,390! All units are occupied with leases. Each unit has separate gas and electric meters. This property is a CASH COW. There are 12 units in one of the buildings with an average monthly rent of $800. There is a two unit property included and the total rent in that building is $2300. This complex shows very well as most of the units have recently been updated. The two unit has been renovated from top to bottom, has a new tear off roof and is in A+ condition. Both buildings were vinyl sided this year. Invest in this property, collect the guaranteed rent, self manage and enjoy the appreciation in value over time. Prime location is near several colleges/universities, Elmwood Village, Allentown, Downtown, the Buffalo Niagara Medical Campus, Museums, Art Galleries, restaurants, shopping and the highway.
Location
State NY
County Erie
Area Buffalo City-140200
Direction West Ave is a one way. Building is on block between Rhode Island and Mass.
Rooms
Basement Full, Partial
Interior
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Exterior
Exterior Feature Awning(s), Blacktop Driveway, Deck, Patio
Utilities Available Sewer Connected, Water Connected
Roof Type Flat
Porch Deck, Patio
Garage No
Building
Lot Description Near Public Transit, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-099-500-0005-001-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Buffalo Property Partners LLC