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. Make your appointment to view it today.
245 Niagara Street
Dec 1, 2020 (50 days)
Square Ft (approx):
South Vlg/Black Rock
4,884 sqft / 0.11 acres (approx)
Carpet, Hardwood, Varies, Vinyl
Gas, Forced Air
Near Public Transit, Rectangular
Lot Size Dimensions
Tax Annual Amount
Sewer Connected, Water Connected
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245 Niagara Street