959 Broadway Save Request In-Person Tour Request Virtual Tour
Buffalo,NY 14212
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 51,443 sqft
Price per Sqft $44
MLS Listing ID B1559065
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $41,979
Lot Size 0.444 Acres
Acres 0.4441
Lot Dimensions 130X122
Property Description
Rare opportunity to own a well maintained 35 unit, all brick building located on a main road in the city of Buffalo. The building consists of 35 total units, featuring 5 commercial units on the ground floor with long term tenants, 27 (2) bed units and 3 (1) bed units. With 51,000+ SqFt, each unit is very large making them desirable and easy to rent. Each floor has coin-op laundry adding additional income and a fully electric elevator servicing the entire building. Separate gas/electric utilities for entire building.Each unit has a forced air unit, water tank and electric panel (100 amp) in-unit. Significant capital improvements made to the elevator and to the electrical, which includes 3 phase 400 amp coming into the building. The basement features LED lighting and is wide open, can be used to add building amenities or add additional units Parking lot directly behind the building located at 697 Fillmore Ave can also be purchased separately. Current owner has began increasing rents to $1,000, there is tremendous upside in revenue once rents are increased. New gas meters have just been installed outside and is up to date on city inspection. Also listed as 5+ units, MLS#B1558953
Property is being sold WITHOUT C of O
Location
State NY
County Erie
Area Buffalo City-140200
Zoning N-3C
Direction Directly on Broadway, between Fillmore Ave and Gibson St.
Rooms
Basement Full
Interior
Heating Gas,Forced Air
Inclusions Building Only
Fireplace No
Exterior
Utilities Available Water Connected
Roof Type Flat
Total Parking Spaces 3
Building
Story 4
Water Public
Construction Status Existing
Schools
School District Buffalo
Others
Tax ID 140200-111-360-0004-026-210
Acceptable Financing Cash,Owner Will Carry
Listing Terms Cash,Owner Will Carry
Special Listing Condition Standard