$134,000
$139,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2,000 SqFt
SOLD DATE : 11/20/2020
Key Details
Sold Price $134,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $67
Subdivision City/Buffalo
MLS Listing ID B1287399
Sold Date 11/20/20
Style Duplex
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $594
Lot Size 3,598 Sqft
Acres 0.0826
Lot Dimensions 30X120
Property Description
Investment opportunity conveniently located 3 miles from downtown Buffalo, just outside the City that's sure to meet your living/ investing expectations. Upper unit is rented at $975/ month, lower unit is rented at $875/ month. Both tenants looking to stay long term. Potential gross income is $22,200/ year, property taxes: $594, sewer: $62.40. 12% cap rate (includes 5% vacancy and collection loss, $1,500 for repairs and maintenance, $850 for insurance, water utility: $760.00, user fee: $356.36). 4/4 functioning double for under $70,000/ apartment.
Location
State NY
County Erie
Community City/Buffalo
Area Buffalo City-140200
Direction On Baraga between Hopkins and Germania.
Rooms
Basement Partial
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Washer Hookup
Exterior
Exterior Feature Fence
Fence Partial
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Buffalo
Others
Tax ID 140200-123-770-0005-008-000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Irish Jones Realty
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