$492,000
$530,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6,440 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $492,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,440 sqft
Price per Sqft $76
MLS Listing ID B1551245
Sold Date 11/22/24
Bedrooms 8
Construction Status Existing
HOA Y/N No
Year Built 1928
Annual Tax Amount $6,702
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 70X129
Property Description
Invest in a prime multi-property package in Cheektowaga, featuring a 6-unit and a duplex on Euclid Ave. The 6-unit property at 18 Euclid Ave consists of a 4-unit front house and a 2-unit back house, while the neighboring 20 Euclid Ave offers a duplex. Each unit across both properties is a 2-bed/1-bath apartment, catering to a broad rental market. This package delivers a robust 10.35% cap rate, ensuring excellent returns. With well-maintained units and a strategic location, this investment offers stable cash flow and significant appreciation potential. Seize this opportunity for a diversified portfolio in a growing community! Also listed separately, 18 Euclid MLS#B1551154 and 20 Euclid MLS#B1551170. Total square footage was calculated by adding SqFt of 18 Euclid (5,138) and 20 Euclid (1,302).
Location
State NY
County Erie
Area Cheektowaga-143089
Direction Directly on Euclid Ave, between Walden Ave and Doat St.
Rooms
Basement Full
Interior
Heating Gas, Forced Air, Wall Furnace
Flooring Varies, Vinyl
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Exterior
Exterior Feature Blacktop Driveway
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Composite Siding,Vinyl Siding
Construction Status Existing
Schools
School District Cheektowaga
Others
Senior Community No
Tax ID 143089-101-600-0002-022-000
Acceptable Financing Cash
Listing Terms Cash
Financing Other,See Remarks
Special Listing Condition Standard
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