140 Vulcan ST Active

Buffalo,NY 14207

$ 395000

- Bed

0 Bath

3950 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,950 sqft

Price per Sqft $100

Subdivision Jones Tr

MLS Listing ID R1602424

Construction Status Existing

HOA Y/N No

Year Built 1925

Annual Tax Amount $7,652

Lot Size 1.010 Acres

Acres 1.01

Lot Dimensions 132X330

Property Sub-Type Mixed Use

Property Description

UNICORN opportunity! 3-Unit Commercial, mixed use property composed of 2 rented residential units and 1 vacant store front. To top it all off: the property comes with ONE ACRE of land. There are no other properties on the market like this. Currently brings in $2,300. The Store front would be an ideal barber ship, insurance office, realty, etc. Formerly store front rented for $1,000 a month. A 30% expense default was used and resulted in NOI $19,320. Gross Potential Income (GPI) is $27,500 to over $35,000 NOI by letting the store front and increasing the lower rent.

Location

State NY

County Erie

Community Jones Tr

Area Tonawanda-Town-146489

Zoning B

Rooms

Basement Partial

Interior

Heating Gas,Forced Air

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected,Water Connected

Roof Type Asphalt

Total Parking Spaces 10

Building

Lot Description Rectangular,Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Existing

Schools

School District Kenmore-Tonawanda Union Free District

Others

Tax ID 146489-077-320-0007-016-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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