In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4,400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance.
Buffalo is rising and the fastest-growing city in New York. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio.
The motivated seller. Make an offer.
DAYS ON MARKET
|
33
|
LAST UPDATED
|
3/27/2024
|
TRACT
|
Jones
|
YEAR BUILT
|
1913
|
COMMUNITY
|
Buffalo City-140200
|
COUNTY
|
Erie
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
APPLIANCES |
Gas Water Heater |
AREA |
Buffalo City-140200 |
BASEMENT |
Partial, Yes |
CONSTRUCTION |
Composite Siding |
EXTERIOR |
Balcony, Private Yard, See Remarks |
HEAT |
Forced Air, Gas |
LOT |
3851 sq ft |
LOT DESCRIPTION |
Other, Residential Lot, See Remarks |
LOT DIMENSIONS |
35x110 |
PARKING |
Other,See Remarks,Two or More Spaces |
POOL DESCRIPTION |
Community |
SEWER |
Connected |
STORIES |
2 |
STYLE |
Fourplex |
SUBDIVISION |
Jones |
TAXES |
2200 |
UTILITIES |
Cable Available,High Speed Internet Available,Sewer Connected,Water Connected, |
WATER |
Connected,Public |
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Listing provided by: Khaing Naing, Park Realty of WNY LLC
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
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Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2024.
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