1928 South Park Avenue Buffalo NY 14220 | B1480957

They don’t build them like this anymore! This 6 unit has 4 apartment and 2 spacious store fronts currently brings in $54540 in gross income. Huge potential to increase income with these units that are rented under market. Property has a new roof 3 years ago and many mechanical updates including but not limited to electric and Furnace. There is a large storage room that has potential to bring in more cash flow. Property has ample parking behind the building just off Richfield. Break down of property is (2 )storefronts, (2) studios, (1) two Bedroom and (1) HUGE 3 Bedroom. Really need to see property to appreciate its value.

Property Details

Price:
$449,900
MLS #:
B1480957
Status:
Active
Beds:
2
Baths:
0
Address:
1928 South Park Avenue
Type:
Commercial
City:
Buffalo
Listed Date:
Jun 28, 2023
State:
NY
Finished Sq Ft:
9,024
ZIP:
14220
Subdivision:
South Buffalo
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
1900

Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air, Hot Water

Exterior

Community Features
Other, See Remarks
Construction Materials
Brick, Frame
Exterior Features
Gravel Driveway
Parking Features
One Space
Roof
Flat

Financial

Buyer Agent Compensation
3%
Net Operating Income
$36,846
Taxes
$5,100

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