561 Ontario St - Apartments FOR SALE


Buffalo, NY 14207- Riverside Park
$400,000 USD
716-866-8361
561 Ontario St, Buffalo, NY for Sale
$400,000 USD
Apartments - FOR SALE
1/52
null | 12.6% Cap Rate

561 Ontario St
Buffalo, NY 14207
Riverside Park


OVERVIEW

Start collecting $5600 monthly on this Riverside money maker. This all brick 6 unit is fully rented to long term tenants that want to stay. All utilities are separately metered with 6 electric meters, 6 heating systems and 6 hot water tanks. This rare property has an updated roof, several updated windows and updated mechanicals. Detached garage could be rented for additional income or used for building maintenance/storage. Located in an extremely walkable neighborhood with access to buses and thruways for easy commutes to virtually anywhere. Income properties of this size generating this much income sell fast. Showings begin with open house on January 18th from 1-3.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,667

CAP RATE

12.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

N-3E

APN/PARCEL ID

140200-077-420-0003-024-000

ASK ABOUT THIS PROPERTY

Renee J. MoranRed Door Real EstateMore Info
716-866-8361

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Renee J. MoranRed Door Real EstateMore Info
716-866-8361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.