Buffalo, NY 14218,505 Ridge RD #503
Buffalo, NY 14218,505 Ridge RD #503
Buffalo, NY 14218,505 Ridge RD #503
Buffalo, NY 14218,505 Ridge RD #503
Buffalo, NY 14218,505 Ridge RD #503
Buffalo, NY 14218,505 Ridge RD #503
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$209,000

$209,000

Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

3,276 SqFt


SOLD DATE : 06/28/2024

Key Details

Sold Price $209,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,276 sqft

Price per Sqft $63

Subdivision Buffalo Crk Reservation

MLS Listing ID B1532161

Sold Date 06/28/24

Style Triplex

Bedrooms 6

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $5,877

Lot Size 4,408 Sqft

Acres 0.1012

Lot Dimensions 32X137

Property Sub-Type Multi Family

Property Description

3-unit money maker with potential to bring in over $3,100 per month in rent plus coin operated laundry. Existing 2 tenants plan to stay and HUGE vacant 3br upper apartment with estimated market value $1,350 - $1,400 could easily be the owners unit! 2nd floor upper apartment boasts finished 3rd story living space that essentially doubles the size of the unit. Lower front unit has already signed lease renewal for increase from $775 to $805 per month beginning 5/1/2024. Lower rear leased through 9/30/2024. With some creativity the basement could be turned into an additional rental unit with separate entrance. An easy addition to any portfolio with professional management already in place. Located near bus route and minutes from major highways!

Location

State NY

County Erie

Community Buffalo Crk Reservation

Area Lackawanna-City-140900

Direction Ridge Rd and Center St intersection. Across from public parking lot and baseball field

Rooms

Basement Full, Sump Pump

Interior

Interior Features Attic, Programmable Thermostat

Heating Gas, Forced Air

Flooring Laminate, Varies, Vinyl

Fireplace No

Appliance Electric Water Heater, Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Awning(s), Deck, Fence

Fence Partial

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Porch Deck

Building

Lot Description Near Public Transit

Story 3

Foundation Block

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Structure Type Aluminum Siding,Block,Concrete,Steel Siding,Copper Plumbing,PEX Plumbing

Construction Status Existing

Schools

School District Lackawanna

Others

Senior Community No

Tax ID 140900-142-370-0002-010-000

Acceptable Financing Cash, Conventional, FHA, Private Financing Available

Listing Terms Cash, Conventional, FHA, Private Financing Available

Financing Cash

Special Listing Condition Standard

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Listed by Nichol City Realty • 716-609-4075
Bought with HUNT Real Estate Corporation
agent
Celeste Greiner

Broker Associate | License ID: 10301219405

+1(315) 430-0030 | celeste.ccgrealty@gmail.com

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