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Karin Morabito

karin@karinmorabitohomes.com +1(585) 290-6410

$ 549,900

Est. payment | -/mo

12 Beds

3 Baths

3,148 SqFt

Save

$ 549,900

Est. payment | -/mo

Save

12 Beds

3 Baths

3,148 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,148 sqft

Price per Sqft $174

MLS Listing ID B1700000

Style Triplex

Bedrooms 12

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1919

Annual Tax Amount $3,828

Lot Size 3,449 Sqft

Acres 0.0792

Lot Dimensions 30X115

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity in Buffalo's highly desirable University District. This 12 bedroom property offers outstanding income potential and includes an updated, current Certificate of Occupancy, making it ready for immediate occupancy for the upcoming fall semester. With each bedroom projected to rent for approximately $575 per month, this property is positioned to generate strong cash flow from day one. Detailed income projections, expenses, and financial information are attached to the listing for your review. Whether you're looking to expand your portfolio or acquire a turnkey student rental, this is an outstanding opportunity to own a high income producing investment property in a prime location close to the university, public transportation, shopping, and local amenities.

Location

State NY

County Erie

Area Buffalo City-140200

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Level or Stories Two

Structure Type Frame

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-079-460-0007-016-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Towne Housing Real Estate 716-308-3145

NEARBY SCHOOL & BUSINESS

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY 14623, USA

33 Tyler ST Buffalo, NY 14214