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Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 4,515 sqft
Price per Sqft $94
Subdivision Buffalo Crk Reservation
MLS Listing ID B1659806
Sold Date 08/27/26
Construction Status Existing
HOA Y/N No
Year Built 1922
Annual Tax Amount $5,576
Lot Size 3,850 Sqft
Acres 0.0884
Lot Dimensions 35X110
Property Sub-Type Office
Property Description
MUST-SEE investment opportunity! Two vacant storefronts that can be rented out for an estimated $1,500 each. Four beautiful 1 bedroom apartments, all modern and recently updated with great tenants. Recent updates include: Roof, windows, apartments, granite countertops, cabinets doors, and molding.
Plumbing, HVAC, Electrical have all been updated within the last 10 years. All units have central air. With both storefronts rented out, the projected annual gross revenue is $57,900 with a projected cap rate of 6.74%. Estimated operating expense sheet available upon request. Photos of retail spaces will be forthcoming. This is a fantastic opportunity to invest in a mixed use building right in the heart of Seneca's vibrant business and shopping district.
Location
State NY
County Erie
Community Buffalo Crk Reservation
Area Buffalo City-140200
Zoning N-3C
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Cooling Central Air
Flooring Carpet, Linoleum, Vinyl
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 25
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Existing
Schools
School District Buffalo
Others
Tax ID 140200-123-810-0006-024-000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Keller Williams Realty WNY
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