There are multiple listings for this address:
Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a partially finished basement – an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a 3/2 Double; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a 2-car garage; 4940 BROADWAY is a 3/2 Double, with its lower unit recently fully renovated. Brand new improvements include a complete boiler system in 4928 Rear (apt 3-5), as well as flooring, updates and rent increases in 3 units. Additionally there are 42 spot communal parking spaces spanning the shared lot. Most tenants pay separate utilities. This unique investment promises immediate income of $10,680/m (gross) and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.
Property Details
Price:
$1,050,000
MLS #:
B1528504
Status:
Active
Beds:
10
Baths:
0
Address:
4928 Broadway
Type:
Commercial
City:
Lancaster
Listed Date:
Mar 27, 2024
State:
NY
Finished Sq Ft:
11,049
ZIP:
14043
Lot Size:
1 acres
Year Built:
1900
Listing courtesy of Roncroft Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
4928 Broadway
Lancaster, NY
See this Listing
Mortgage Calculator
Schools
School District:
Depew
Interior
Appliances
Gas Water Heater
Cooling
Central Air
Fireplaces Total
1
Flooring
Carpet, Laminate, Tile, Varies
Heating
Gas, Forced Air, Radiant
Laundry Features
Washer Hookup
Exterior
Construction Materials
Brick, Vinyl Siding, Copper Plumbing, P E X Plumbing
Exterior Features
Blacktop Driveway
Parking Features
Threeormore Spaces, No Garage
Parking Spots
42
Roof
Asphalt, Shingle
Financial
Buyer Agent Compensation
2.5%
Taxes
$19,938
Map
Community
- Address4928 Broadway Lancaster NY
- CityLancaster
- CountyErie
- Zip Code14043
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Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a partially finished basement – an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a 3/2 Double; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a 2-car garage; 4940 BROADWAY is a 3/2 Double, with its lower unit recently fully renovated. Brand new improvements include a complete boiler system in 4928 Rear (apt 3-5), as well as flooring, updates and rent increases in 3 units. Additionally there are 42 spot communal parking spaces spanning the shared lot. Most tenants pay separate utilities. This unique investment promises immediate income of $10,680/m (gross) and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.
Property Details
Price:
$1,050,000
MLS #:
B1528688
Status:
Active
Beds:
0
Baths:
0
Address:
4928 Broadway
Type:
Commercial
City:
Lancaster
Listed Date:
Mar 28, 2024
State:
NY
Finished Sq Ft:
11,049
ZIP:
14043
Lot Size:
1 acres
Year Built:
1900
Listing courtesy of Roncroft Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
4928 Broadway
Lancaster, NY
See this Listing
Mortgage Calculator
Schools
School District:
Depew
Interior
Appliances
Gas Water Heater
Cooling
Central Air
Fireplaces Total
1
Flooring
Carpet, Laminate, Tile, Varies
Heating
Gas, Forced Air, Radiant
Laundry Features
Washer Hookup
Exterior
Construction Materials
Brick, Vinyl Siding, Copper Plumbing, P E X Plumbing
Exterior Features
Blacktop Driveway
Parking Features
Threeormore Spaces, No Garage
Parking Spots
42
Roof
Asphalt, Shingle
Financial
Buyer Agent Compensation
2.5%
Taxes
$19,938
Map
Community
- Address4928 Broadway Lancaster NY
- CityLancaster
- CountyErie
- Zip Code14043
Similar Listings Nearby
- 0 The Bluffs Phase IV & V
Evans, NY$1,332,000
20.75 miles away
- 2321 Main Street
Buffalo, NY$1,300,000
8.04 miles away
- 926-934 Niagara Falls Boulevard
Tonawanda-Town, NY$1,299,000
8.50 miles away
- 380 & 388 South Union Street
Ogden, NY$1,250,000
48.92 miles away
- 30 Linwood Avenue
Amherst, NY$1,250,000
5.14 miles away
- 30 Lansing Street
Buffalo, NY$1,250,000
10.48 miles away
- 628 9th Street
Niagara Falls, NY$1,249,900
22.46 miles away
- 3 Jefferson Street
Ellicottville, NY$1,249,000
43.24 miles away
- 3545 North Buffalo Street
Orchard Park, NY$1,200,000
8.41 miles away
- 193 Elk Street
Buffalo, NY$1,200,000
8.16 miles away