23 Ganson Street North Tonawanda NY 14120 MLS #B1398486

Priced reduced $50k and ready to sell. 6 of 8 units are on Belmont Moderate Rehab program. This is an old program, where the rental assistance is attached to the apartment. Which means, if a tenant vacates, the assistance stays with the apartment. Easy renting as prospective tenants that meet the guidelines get assistance while they live in the units. Sec. 8 also pays 80% of contract rent for 1st month of vacancy and up to 2 months of contract rent (less tenants security deposit) for tenant damages. Annual rents are $53,532. Many long term tenants. Old, but solid building. Lister is the owner and can explain anything you need to know about the program. Tenants pay Gas and Electric, except apt. 8 landlord pays electric. Stove and refrigerator in building 23 are supplied by landlord. Building 25 tenants supply their own appliances.