Active
255 Ontario Street, Buffalo NY 14207
MLS# B1597345
$399,900
Price
7
Beds
3
Baths
3,598
Living Area (Sq.Ft.)
0.088
Lot Area (Acres)
$399,900
Price
7
Beds
3
Baths
3,598
Living Area (Sq.Ft.)
0.088
Lot Area (Acres)
In the past few years, this 4-unit mix use property has undergone a massive remodeling worth more than $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $52,800.00 annual rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. <br>Riverside neighborhood has seen so many development projects and continues to see more exciting new development momentum. What is greater is that it will not stop its momentum in the foreseeable future. Located on busy street corner, you won’t be disappointed to add this CASH COW property to your portfolio. Priced to sell. Make your offer.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1913
Parcel Number
140200-077-570-0004-037-000
Unit Number
--
Subdivision Name
Jones
Lot Features
Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
35X110
Stories
2
Bath Rooms Full
2
Bath Rooms Half
1
Property Condition
Resale
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location
Listing Agent
Khaing Naing
Listing Office
Park Realty of WNY LLC
Owner Name
--
Owner Phone
--
Possession
Closing
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-04-03
Owner Pays
Other, See Remarks, Water
Rent Includes
Other, See Remarks, Water
Tenant Pays
AllUtilities
Gross Income
52800
Net Operating Income
42313
Fire Places Total
0
Flooring
Laminate, Resilient, Tile, Varies
Laundry Features
Washer Hookup
Heating
true
Heating Features
Gas, Forced Air
Appliances
Electric Water Heater, Gas Water Heater
Electric
Circuit Breakers
Garage
--
Garage Spaces
0
Exterior Features
Balcony
Water Source
Connected, Public
Sewer
Connected
Utilities
Cable Available, Sewer Connected, Water Connected
Parking Features
Two Or More Spaces
Foundation Details
Other,SeeRemarks
Basement
Partial
Construction Materials
Brick, Composite Siding, Frame, Other, See Remarks
Patio And Porch Features
Balcony
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 06/27/2025.
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.
Listed By
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 06/27/2025.
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.