52 Locust Street, Buffalo, NY 14204

Agent
Ryan Burke
Iconic Real Estate
Property front view
121 days on Offerwell
281 views
Active

ASKING PRICE

$389,900

SELLER CONCESSIONS

2.5%

Not negotiable

OFFER DEADLINE

No offer deadline set

5760

Sq Ft

Apartment

Property type

Beds

0 full

Baths

Description

Welcome to 52 Locust St in the city of Buffalo! This beautifully updated multi-family property offers a unique investment opportunity. The main house features four spacious units, while an additional unit is situated in the back house, providing a total of five rentable spaces. With three of the five units currently tenant-occupied, this property generates immediate rental income. It’s an ideal choice for an owner-occupant looking to offset their mortgage, or for a seasoned investor seeking to expand their portfolio. This property is being sold at an 8.15% cap rate with room to increase!

IDX
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