Active
MLS# B1618306
$250,000
Price
19
Beds
-
Baths
4,860
Living Area (Sq.Ft.)
0.088
Lot Area (Acres)
$250,000
Price
19
Beds
-
Baths
4,860
Living Area (Sq.Ft.)
0.088
Lot Area (Acres)
Rare Opportunity that may not come around again. Its been in the family almost 40 years and time to retire. 19 Room Boarding house in the shadow of the central terminal. Tenants are month to month. All rents are $335-350 per month. last months gross rental income was $6600. Tenants have a private room with bed and sheets supplied and are allowed a mini fridge and microwave at tenants expense. There are 4 shared bathrooms and no access to a kitchen. There is an additional apartment that is more traditional with 1 bedroom, living room and kitchen. pics show this apartment. Its currently used as the owners office but has been provided to a tenant who has performed house management duties in the past but could be rented out for additional income. There is very little maintenance since there is only 4 baths and no kitchen access. There is 1 boiler (approx 10 years old) to heat the rooms and 1 hot water tank. There is laundry in the basement but no access given to tenants. There is a 3rd floor walk up attic used for storage with no access by tenants. Occupancy rate is typically over 95% with most tenants being long term. There will be no in person visits allowed prior to offer presention. Winning bid will have 48 hours to tour the property with the owner and ask questions and decide if they wish to move forward. No guarantee how many rooms will be available for inspection if any. Winning bid will be guaranteed access to basement, attic, office/apt, bathrooms and hallways. DO NOT approach the property or tenants as they are unaware of the sale. Great money maker at almost $80k per year but may not be for everyone. Must register with city as approved landlord. sale is not to be contingent upon this. seller to provide a year to date written rent ledger to winning bid. No tax return info provided. Property being sold as-is.
Status
Active
Property Type
MultiFamily
Property Sub Type
Commercial
Year Built
1900
Parcel Number
140200-112-380-0004-017-000
Unit Number
--
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Levels
Two
Building Area Source
PublicRecords
Lot Size Dimensions
33X115
Stories
2
Community Features
Other,SeeRemarks
Property Condition
Resale
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location
Listing Agent
Matthew Foss
Listing Office
Trank Real Estate
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-07-23
Owner Pays
Electricity, Heat, Trash Collection
Rent Includes
Electricity, Heat, Trash Collection
Fire Places Total
0
Flooring
Other, See Remarks
Heating
true
Heating Features
Gas, Baseboard
Appliances
Gas Water Heater
Garage
false
Garage Spaces
0
Exterior Features
Concrete Driveway
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Sewer Connected, Water Connected
Parking Features
None, No Garage
Basement
Full
Construction Materials
Wood Siding
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.
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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 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.