245 Niagara Street Buffalo NY 14201 | MLS B1310192

Check out this 3,034 square foot, 2 unit, upper / lower multi-family home. Located within walking distance to downtown Buffalo, the lower unit is a 2 bedroom, 1 full bath apartment, and the upper unit is a 3 bedroom, 1 full bath apartment. Although the owner has owned this home for a short time, over those 4 years there have been a number of important maintenance updates done. Some of those updates include the rear roof replacement in the last 3 years, the entire exterior of the home painted in the last 2 years and two new hot water tanks this year. The current income is $1,500 per month, however, rents for these two units could be higher, perhaps $1,800 per month or $21,600 annually. Those rents would equate to a 9.55% cap rate. This home is priced to sell.

Property Details

Price:
$179,900
MLS #:
B1310192
Status:
Pending
Baths:
0.00
Address:
245 Niagara Street
Type:
Multi Family
City:
Buffalo
Listed Date:
Dec 1, 2020 (166 days)
State:
NY
Square Ft (approx):
3,034
ZIP:
14201
Subdivision:
South Vlg/Black Rock
Lot Size:
4,884 sqft / 0.11 acres (approx)
Year Built:
1900

Schools

Interior

Appliances
Gas Water Heater
Basement
Full
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air

Exterior

Foundation Details
Stone
Lot Features
Near Public Transit, Rectangular
Lot Size Dimensions
37 X132
Roof
Asphalt, Shingle
Stories
2

Financial

Tax Annual Amount
$1, 266
Utilities
Sewer Connected, Water Connected

Map

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245 Niagara Street
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