$240,000
$219,900
9.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
3,290 SqFt
SOLD DATE : 12/19/2024
Key Details
Sold Price $240,000
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,290 sqft
Price per Sqft $72
MLS Listing ID B1569731
Sold Date 12/19/24
Style Triplex
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1935
Annual Tax Amount $4,660
Lot Size 8,411 Sqft
Acres 0.1931
Lot Dimensions 58X145
Property Sub-Type Mixed Use
Property Description
Exciting investment venture at 365 Young Street/10 Alexander Avenue! This unique, mixed-use building features 3 units, w possibilities for both investors or owner-occupants. The first floor has a spacious storefront w a half bath, currently used as a photo studio. Generous square footage allows for future uses that could easily include a retail shop, cafe, gallery, or office/meeting/event space. The 2nd floor apartment is a 3 bed, 1 full bath w expansive living space & updated, eat-in kitchen. Tenant vacating 10/31/24, offering the ability for owner-occupancy or the chance to secure your own great tenant. The lower left has a 2-bed, 1-full bath apartment w a convenient, attached 1.5 car garage & open-concept kitchen/living area w newer laminate flooring. The property also features updated vinyl windows throughout, ample off street parking, & green space to the east of the building. Current gross annual income is $27,300, but there's significant room for increased revenue potential. Lower $850/m, upper (vacating) $850/m, storefront $400/m-all month-to-month. Whether you're looking to expand your investment portfolio or find a new place to call home, don't miss this opportunity!
Location
State NY
County Erie
Area Tonawanda-City-141600
Direction Ellicott Creek to Young
Rooms
Basement Full, Sump Pump
Interior
Heating Gas, Baseboard, Hot Water, Steam, Wall Furnace
Flooring Carpet, Hardwood, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 1.5
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Garage Yes
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Foundation Block
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Block,Concrete,Vinyl Siding,Wood Siding,Copper Plumbing
Construction Status Existing
Schools
Middle Schools Tonawanda Middle
High Schools Tonawanda Senior High
School District Tonawanda City
Others
Senior Community No
Tax ID 141600-039-180-0003-001-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Howard Hanna WNY Inc.
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com