5415 Main Street Amherst NY 14221 MLS #B1481794

5415 Main Street
Amherst, NY, 14221
$1,800,000
10 Beds
0 Baths
9,819 SqFt
0.16 Acres
MIXED USE PROPERTY CONSISTING OF 10 RENTAL APARTMENTS AND 3 STORE FRONTS.
THERE ARE 7 ONE BEDROOM UNITS AND 3 TWO BEDROOM UNITS
tHE APARTMENTS HAVE SEPERATE UTITLTIES, OWNER DOES PAY WATER!
THIS IS A TRUE VALUE ADD OPPORTUITY, RENTS ARE BELOW MARKET RATES!
WATER AND HEAT IS INCLUDED IN THE STORE FRONTS, BUT ELECTRIC IS SUB-METERED. THERE IS A SINGLE BOILER SERVICING THE 3 RETAIL STORES.
CURRENTLY THERE ARE BOTH LEASES AND MONTH TO MONTH TENANCIES.
tHERE IS AN ADDITIONAL, ADJACENT LOT AT 23 CALIFORNIA ST., WHICH WILL CONVEY WITH 5415 MAIN ST.,
STOVE AND REFRIGERATOR IS INCLUDED IN ALL 10 APARTMENTS.
THERE IS PLENTY OF OFF STREET PARKING.
THERE IS NO ON SITE LAUNDRY FACILITIES
PLEASE NOTE, ALL FINANCIAL DATA IS PRESUMED ACCURATE BUT IN NO WAY GAURANTEED. PURCHASERS ARE ENCOURAGED TO MAKE THEIR OWN DUE DILIGENT ASSESSMENT BEFORE INVESTING.

Property Details

Price:
$1,800,000
MLS #:
B1481794
Status:
Pending
Beds:
10
Baths:
0
Address:
5415 Main Street
Type:
Commercial
Subtype:
Other
Subdivision:
Holland Land Company’s Su
City:
Amherst
Listed Date:
Jul 2, 2023
State:
NY
Finished Sq Ft:
9,819
ZIP:
14221
Lot Size:
0 acres
Year Built:
1940
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5415 Main Street
Amherst, NY

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Schools

School District:
Williamsville

Interior

Appliances
Gas Water Heater
Flooring
Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
Heating
Gas, Baseboard, Forced Air, Wall Furnace

Exterior

Community Features
Other, See Remarks
Construction Materials
Aluminum Siding, Brick, Composite Siding, Frame, Steel Siding, Vinyl Siding
Exterior Features
Blacktop Driveway, Patio
Parking Features
Threeormore Spaces, Driveway, No Garage
Roof
Asphalt, Flat, Pitched, Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$114,064
Taxes
$21,313

Map

Community

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