$425,000
$395,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
3,510 SqFt
SOLD DATE : 12/03/2024
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,510 sqft
Price per Sqft $121
Subdivision City/Buffalo
MLS Listing ID B1568606
Sold Date 12/03/24
Style Fourplex
Bedrooms 9
Full Baths 4
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,185
Lot Size 4,438 Sqft
Acres 0.1019
Lot Dimensions 32X138
Property Sub-Type Multi Family
Property Description
Located in Buffalo's Historic Old First Ward, this fully renovated multi-family property offers an exceptional investment opportunity. The building features four units, comprising three spacious 2-bedroom apartments and one generous 3-bedroom unit, all meticulously upgraded from top to bottom. Each apartment is equipped with modern amenities, including on-demand hot water systems and high-efficiency furnaces, ensuring comfort and reduced utility costs for tenants. Updates incl. Roof-2020, (4) new kit. & baths w/ comm. flooring, (4) on demand H/W units, etc. With ultra-low property taxes, this property maximizes your profit potential, making it an attractive option for both new and seasoned investors. The strong rental income allows for immediate cash flow—simply purchase and start earning right away. The location in a revitalized neighborhood adds to its appeal, attracting an plentiful tenant base. Don't miss out on this turnkey investment that combines quality, convenience, and profitability. Seize this opportunity to enhance your portfolio in one of Buffalo's most convenient areas! **SHOWINGS, "BY APPOINTMENT ONLY".
Location
State NY
County Erie
Community City/Buffalo
Area Buffalo City-140200
Direction LOUISIANA ST OR HAMBURG ST TO MACKINAW ST. PROPERTY LOCATED ON NORTH SIDE OF STREET AT TENNESSEE ST. ** NO SIGN AT PROPERTY **
Rooms
Basement Crawl Space
Interior
Heating Gas, Forced Air
Flooring Luxury Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-122-400-0001-015-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
Special Listing Condition Standard
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Bought with Gurney Becker & Bourne
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com