Active
MLS# B1656513
$499,900
Price
-
Beds
-
Baths
7,748
Living Area (Sq.Ft.)
0.168
Lot Area (Acres)
$499,900
Price
-
Beds
-
Baths
7,748
Living Area (Sq.Ft.)
0.168
Lot Area (Acres)
Fantastic investment opportunity! This updated property has two buildings, each with a storefront and updated apartment above. Directly across the street from Cazenovia park, with charming curb appeal perfect for the vibrant Seneca Street shopping district. This property offers a 6.42% cap rate and brings in over $55,000/year in gross rental income. Projected income with market value rents brings the estimated annual gross income to $69,600, with an 8.58% cap rate. Upper apartment units have 3 beds, 1 bath each, with in-unit laundry. The storefronts each have 1 bathroom and additional storage. Within the past 10 years, seller has fully renovated the buildings, including: new roof, windows, all mechanicals (HVAC, electrical, and plumbing), kitchens and bathrooms, flooring, exterior facade, and siding. <br>Sold individually, or part of a package with MLS#1657116. Storefronts can be shown during the store's operating hours, apartments require 24 hour notice, but 48 hours is preferred.
Status
Active
Property Type
CommercialSale
Property Sub Type
Office
Year Built
1930
Parcel Number
140200-133-350-0003-054-100
Unit Number
--
Subdivision Name
Buffalo Crk Reservation
Lot Features
Rectangular, Rectangular Lot
Levels
Two
Lot Size Dimensions
60X122
Stories
2
Property Condition
Resale
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location

Listing Agent
Jennifer R Goetz
Listing Office
Keller Williams Realty WNY
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-01-07
Gross Income
69600
Net Operating Income
43867
Fire Places Total
0
Flooring
Hardwood, Linoleum, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Garage
--
Garage Spaces
--
Water Source
Public
Sewer
PublicSewer
Roof
Asphalt
Utilities
Sewer Connected, Water Connected
Parking Features
Other, See Remarks
Basement
Partial
No schools found

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.