1060-1064 Harlem Road Cheektowaga NY 14043 MLS #B1380114

Two highly visible, Immediate Income Opportunities on two adjacent lots with $106,557.96 combined actual gross income, 8% cap rate. 4 retail tenants, 4 residential apartments, one leased garage space between both buildings. All but one tenant is up to date on rent obligations (delinquent tenant is making monthly and partial payments), and pay their own gas and electric utility services. Retail tenants all have separate air conditioning as well, owner responsible for water utility on each building, 35 total parking spaces. 1060 Harlem features completely rebuilt exterior/interior in the last 3 years featuring new exterior walls/facade, tear off roofing systems, new structural framing, spray foam insulation, new mechanical systems and cosmetic upgrades. 1064 Harlem features a 2 year old flat roof over retail office, 10 year old flat roof above the garage, and 5 year tear off asphalt shingle roof. Property taxes: $14,487.33, water utility: $747.71 (last 4 bills). Properties are also marketed for sale individually, 1060 Harlem (MLS#B1380006) and 1064 Harlem (MLS#B1380032)