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Price $389,900

52 Locust Street, Buffalo, New York 14204, Buffalo, New York 14204

  • Square Footage : 5,760 Sqft
  • Visits : 1 in 1 days
$389,900
Features
Heating System :
Gas, Forced Air
Pool Expense : $0
Roof :
Asphalt
Sewer :
Public Sewer
Address Map
State :
NY
County :
Erie
City :
Buffalo
Zipcode :
14204
Street : 52 Locust Street, Buffalo, New York 14204
Floor Number : 0
Longitude : W79° 8' 17.2''
Latitude : N42° 53' 43.1''
MLS Addon
Office Name : Iconic Real Estate
Association Fee : $0
Bathrooms Total : 0
Building Area : 5,760 Sqft
CableTv Expense : $0
DOM : 105
Electric Expense : $0
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
LotSize Dimensions : 30X100
Maintenance Expense : $0
Parcel Number : 140200-111-240-0008-017-000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Zoning : N-2R
Property Description

Welcome to 52 Locust St in the city of Buffalo! This beautifully updated multi-family property offers a unique investment opportunity. The main house features four spacious units, while an additional unit is situated in the back house, providing a total of five rentable spaces. With three of the five units currently tenant-occupied, this property generates immediate rental income. It’s an ideal choice for an owner-occupant looking to offset their mortgage, or for a seasoned investor seeking to expand their portfolio. This property is being sold at an 8.15% cap rate with room to increase!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : B1570449
Price : $389,900
Square Footage : 5,760 Sqft
Year Built : 1910
Lot Area : 3,000 Sqft
Status : Active
Property Sub Type : Apartment
Agent info
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