Property Type

Listing Type

Bedrooms

Bathrooms

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Price $1,250,000

433 Linwood, Buffalo, New York 14209, Buffalo, New York 14209

Bedrooms : 8
Square Footage : 920 Sqft
Visits : 1

$1,250,000

Features

Heating System :

Electric, Baseboard

Cooling System :

Wall Unit(s)

Basement :

Appliances :

Electric Range, Electric Oven, Electric Cooktop, Gas Water Heater

Parking Features :

Three Or More Spaces

Pool Expense : $0

Roof :

Asphalt

Sewer :

Connected

Address Map

State :

County :

Erie

City :

Buffalo

Zipcode :

14209

Street : 433 Linwood, Buffalo, New York 14209

Floor Number : 0

Longitude : W79° 8' 0.9''

Latitude : N42° 54' 50.4''

MLS Addon

Office Name : Nichol City Realty

Association Fee : $0

Bathrooms Total : 0

Building Area : 920 Sqft

CableTv Expense : $0

Construction Materials :

Brick, Frame

Electric Expense : $0

Exterior Features :

Blacktop Driveway

Flooring :

Carpet, Varies, Vinyl

Internet Address Display : 1

Internet Listing Display : 1

SyndicateTo : Realtor.com

Listing Terms : Cash, Conventional

Lot Features :

Residential Lot, Irregular Lot, Near Public Transit

LotSize Dimensions : 50X200

Maintenance Expense : $0

Parcel Number : 00000000

Special Listing Conditions :

Standard

Stories Total : 2

Utilities :

Electricity Connected, Sewer Connected, Water Available

AttributionContact : 716-480-8117

Property Description

All brick 8 unit built in 1991 is situated on a private lot and set back from the road. Situated amongst beautiful single family homes. There are 4 buildings total and the units are uppers/lowers. (4) 2 bedroom units and (4) 1 bedroom units. (7) garages and all units have laundry rooms. This property has a town home feel. The apartments are approx. 1,000 sq ft each and rents could be much higher. The current CAP rate is 5.3% with one vacant unit and the others with low rents. Current rent roll is $8,375 with 7 of the 8 apartments. Rents are 950, 1125, 1350, 0, 1250, 1550, 1000, and 1150. There is opportunity to easily push the CAP rate to 9-11%.