Check out this 3,034 square foot, 2 unit, upper / lower multi-family home. Located within walking distance to downtown Buffalo, the lower unit is a 2 bedroom, 1 full bath apartment, and the upper unit is a 3 bedroom, 1 full bath apartment. Although the owner has owned this home for a short time, over those 5 years there have been a number of important maintenance updates done. Some of those updates include the rear roof replacement in the last 4 years, the entire exterior of the home painted in the last 3 years and two new hot water tanks this year. The current income is $1,500 per month, however, rents for these two units could be higher, perhaps $1,800 per month or $21,600 annually. Those rents would equate to a 9.55% cap rate. The upper unit does need some work and will only be able to be viewed at the home inspection and / or final inspection. This home is priced to sell.
Overview
- Sold Date2022-02-14
- SubdivisionSouth Vlg/Black Rock
- StyleDuplex
- Year Built1900
- RoofingAsphalt, Shingle
- HeatingGas, ForcedAir
- WaterConnected, Public
- Sewer/SepticConnected
Features
- Security
- Floor CoveringsCarpet, Hardwood, Varies, Vinyl
What's Nearby?
Restaurants
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Grocery
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Education
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