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Price $689,999

467 Norwood Avenue, Buffalo, New York 14222, Buffalo, New York 14222

  • Bedrooms : 5
  • Square Footage : 6,093 Sqft
  • Visits : 5 in 3 days
$689,999
Features
Heating System :
Gas, Forced Air
Basement :
Full
Appliances :
Gas Water Heater
Parking Features :
Two Spaces, No Driveway
Pool Expense : $0
Roof :
Asphalt
Sewer :
Connected
Address Map
State :
NY
County :
Erie
City :
Buffalo
Zipcode :
14222
Street : 467 Norwood Avenue, Buffalo, New York 14222
Floor Number : 0
Longitude : W79° 7' 12.5''
Latitude : N42° 55' 3.8''
MLS Addon
Office Name : Keller Williams Realty WNY
Association Fee : $0
Bathrooms Total : 0
Building Area : 6,093 Sqft
CableTv Expense : $0
Construction Materials :
Vinyl Siding, Brick, Aluminum Siding, Attic/crawl Hatchway(s) Insulated
Electric Expense : $0
Flooring :
Carpet, Hardwood, Varies
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash,Conventional,FHA,VA Loan
Lot Features :
Rectangular, Rectangular Lot, Residential Lot
LotSize Dimensions : 39X185
Maintenance Expense : $0
Parcel Number : 140200-100-210-0005-033-000
Special Listing Conditions :
Standard
Stories Total : 3
Utilities :
Sewer Connected, Water Connected, Sewer Available
AttributionContact : 716-472-8464
Property Description

Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood’s top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing – or take to the next level with strategic updates. A rare opportunity in one of Buffalo’s most desirable neighborhoods !

Basic Details
Property Type : Multi Family
Listing Type : For Sale
Listing ID : B1650108
Price : $689,999
Bedrooms : 5
Square Footage : 6,093 Sqft
Year Built : 1910
Lot Area : 7,215 Sqft
Status : Active
Property Sub Type : Commercial
Agent info
David Weitzel
Element Realty Services
Element Realty Services
390 Elmwood Avenue, Buffalo NY 14222
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