227 & 229 Abbott Road Buffalo, NY 14220
Listing by: NYS ALLIANCE / Century 21 North East / Jerrold "Jerry" Thompson

  227 & 229 Abbott Road Buffalo, NY 14220

Active (378 Days)
$489,000
5
BED
6,641
SQFT

Description

This classic 6-unit rental property is a prime investment opportunity with historic feel and architecture and good cap rate, in great Abbott Road South Buffalo Location. Impressive architecture, and ample off-street parking, it’s perfect for investors. The property features 6 well-maintained residential units, each with its own storage unit, on site parking, and Common Laundry. An added spacious garage close to 42 x40 with two 10 foot high entry doors has significant potential for conversion into additional rental opportunity, Currently, the garage generates $400/month from a tenant, but it offers room for over 6 cars and could bring even more income if converted. With a gross annual income exceeding $51k, this property is fully occupied and each unit is thoughtfully cared for including windows. The sale includes the adjoining lot at 229, providing tenants with plenty of parking. Plus, there's a convenient bus stop right out front. This is a fantastic opportunity that shouldn’t be missed!

MLS #:
B1572825
Taxes
$5,812
Lot Size
10,236 SQFT
Type
Multifamily
Year Built
1920
School District
Buffalo
County
Erie County

Listed By

Jerrold "Jerry" Thompson, Century 21 North East
Source
NYS ALLIANCE
Last checked Nov 5 2024 at 11:40 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Thermal Windows
  • Refrigerator
  • Gas Water Heater
  • Gas Cooktop
  • Laundry: Common Area
  • Natural Woodwork
Lot Information
  • Residential Lot
  • Rectangular
  • Near Public Transit
Property Features
  • Fireplace: 0
Heating and Cooling
  • Radiant
  • Hot Water
  • Gas
  • Baseboard
Basement Information
  • Full
Flooring
  • Hardwood
  • Vinyl
  • Tile
  • Ceramic Tile
  • Varies
Exterior Features
  • Roof: Membrane
  • Roof: Rubber
  • Roof: Flat
Utility Information
  • Utilities: Water Source: Public, Water Source: Connected, Water Connected, Sewer Connected, High Speed Internet Available, Cable Available
  • Sewer: Connected
School Information
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks
Parking
  • One Space
  • Driveway
Stories
  • 3
Living Area
  • 6,641 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/5/24 15:40