In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4,400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance.
Buffalo is rising and the fastest-growing city in New York. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio.
The motivated seller. Make an offer.
Buffalo is rising and the fastest-growing city in New York. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio.
The motivated seller. Make an offer.
Property Details
Price:
$499,000
MLS #:
B1528636
Status:
Active
Beds:
7
Baths:
3
Address:
255 Ontario Street
Type:
Single Family
Subtype:
MixedUse
Subdivision:
Jones
City:
Buffalo
Listed Date:
Mar 27, 2024
State:
NY
Finished Sq Ft:
3,598
ZIP:
14207
Lot Size:
0 acres
Year Built:
1913
Listing courtesy of Park Realty of WNY LLC,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-03.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-03.
255 Ontario Street
Buffalo, NY
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Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Laminate, Other, See Remarks, Tile, Varies
Heating
Gas, Forced Air
Laundry Features
Washer Hookup
Exterior
Architectural Style
Fourplex
Construction Materials
Composite Siding
Exterior Features
Balcony, Private Yard, See Remarks
Parking Features
Other, See Remarks, Twoor More Spaces
Financial
Buyer Agent Compensation
2.5%
Taxes
$2,200
Map
Community
- Address255 Ontario Street Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14207
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