5860
Sq Ft
Other
Property type
Beds
0 full
Baths
Description
*Interior pictures coming soon.* Welcome to this all brick 5 unit building located in historic and architecturally charming West Side neighborhood one block from Niagara Street and a few blocks from D'Youville College. This building is mechanically and structurally sound, roof/gutters and flashing are approximately 10 years old. There is off street parking with room to add more spots. The building consists of 4 (2) bedroom units and 1 (3) bedroom unit, with 5 gas meters and 5 electric meters. Currently 2 out of the 5 units are rented on a M2M basis and tenants are current on rental obligations. The 3 vacant units have been recently renovated and are ready for you to choose your own tenants! Potential gross income: $67,200, and after all expenses (including 10% management, 5% maintenance/repair and 5% vacancy) offering a 8.5% cap rate. Delayed showings until 3/21/22. Open House Saturday 3/26 from 1-3pm and Sunday 3/27 1-3pm. Offers are due 3/30 at 1pm.
