DONE DEAL – SOLD

Sixteen Unit Apartment Building with Storefronts in Densely Populated Blue Collar Neighborhood

100_1886

1942 Seneca Street (Southeast Corner Mineral Springs Road) Buffalo New York

Lot Size:  113 x 120

Building Size 24,000 sq. ft.

Features:

  • 16 two bedroom apartments plus storefront and first floor office/storefront
  • Tenants pay gas and electric
  • Laundry hookups installed on first floor for possible laundromat
  • Roof in good condition
  • Rents are under market at only $525 – $585 month
  • Great upside potential
  • Within walking distance of many shops and restaurants
  • Located at bus stop
  • Solid brick construction
  • Cap Rate over 12% !
  • Address: Buffalo, New York 
  • Price: $585,000 
  • Square Foot: 24000 
  • Lot Size: 113 x 120 
  • Done Deal: Yes