227 & 229 Abbott RD Pending Save Request In-Person Tour Request Virtual Tour
Buffalo,NY 14220
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 6,641 sqft
Price per Sqft $65
MLS Listing ID B1586761
Bedrooms 5
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,812
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 89X129
Property Sub-Type Other
Property Description
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!
Location
State NY
County Erie
Area Buffalo City-140200
Direction On Abbott
Rooms
Basement Full
Interior
Interior Features Natural Woodwork
Heating Gas,Baseboard,Hot Water,Radiant
Flooring Ceramic Tile,Hardwood,Tile,Varies,Vinyl
Furnishings Unfurnished
Fireplace No
Window Features Thermal Windows
Appliance Gas Cooktop,Gas Water Heater,Refrigerator
Laundry Common Area,Coin-operated
Exterior
Exterior Feature Blacktop Driveway
Community Features Laundry Facilities,Storage Facilities
Utilities Available Cable Available,High Speed Internet Available,Sewer Connected,Water Connected
Roof Type Flat,Membrane,Rubber
Building
Lot Description Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
Story 3
Sewer Connected
Water Connected,Public
Structure Type Brick,Copper Plumbing
Construction Status Existing
Schools
Elementary Schools Other - See Remarks
Middle Schools Other - See Remarks
High Schools Other - See Remarks
School District Buffalo
Others
Senior Community No
Tax ID 140200-133-230-0004-001-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard,Trust