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$489,000 USD
227 & 229 Abbott Road
Buffalo, New York 14220
USA
Buffalo, New York 14220
USA
616.949 m2 ::
6,641 sqft
5 bedrooms
Residential For Sale, Multi-Family Home
Land size: 0.093 ha ::
0.23 acres
Sale price per sqm: 792.58
Tax: 5,812 USD
Remarks:
This classic 6-unit rental property is a prime investment opportunity with historic feel and architecture and good cap rate, in great Abbott Road South Buffalo Location. Impressive architecture, and ample off-street parking, it's perfect for investors. The property features 6 well-maintained residential units, each with its own storage unit, on site parking, and Common Laundry. An added spacious garage close to 42 x40 with two 10 foot high entry doors has significant potential for conversion into additional rental opportunity, Currently, the garage generates $400/month from a tenant, but it offers room for over 6 cars and could bring even more income if converted. With a gross annual income exceeding $51k, this property is fully occupied and each unit is thoughtfully cared for including windows. The sale includes the adjoining lot at 229, providing tenants with plenty of parking. Plus, there's a convenient bus stop right out front. This is a fantastic opportunity that shouldn't be missed!
Features:
- Year Built: 1920
- Appliances: Refrigerator
- Floors: Hardwood, Tile, Ceramic tile
- Utilities: Municipal Water
- Heating System: Hot Water, Gas, Baseboard
- Roofing: Rubber
Location:
227 & 229 Abbott Road, Buffalo, New York 14220, USA
Listed By CENTURY 21 North East
The Residential For Sale, Multi-Family Home located at 227 & 229 Abbott Road, Buffalo, New York 14220, USA is currently for sale. 227 & 229 Abbott Road, Buffalo, New York 14220, USA is listed for $489,000 USD. This property has 5 bedrooms and 6,641 sqft. If the property located at 227 & 229 Abbott Road, Buffalo, New York 14220, USA isn't what you're looking for, search New York Real Estate to see other Homes For Sale in Buffalo.