439 W Ferry St - Apartments FOR SALE


Buffalo, NY 14213- Front Park
$675,000 USD
585-252-5138
439 W Ferry St, Buffalo, NY for Sale
$675,000 USD
Apartments - FOR SALE
1/23
null | 8.05% Cap Rate

439 W Ferry St
Buffalo, NY 14213
Front Park


HIGHLIGHTS

  • Class A
  • Fully Tenanted
  • $4,500+ a month in rents and laundry income
  • On-Time Rent Payments
  • Forced Appreciation Opportunities: Raise Rents; Decrease Expenses; Convert Unit(s) to Mid to Short-Term Rentals; Other Opportunities.

OVERVIEW

MONEY MAKER! 6-Unit Apartment featuring two two bedrooms and four three bedrooms. STRONG earnings from rents and on site laundry. My client is downsizing portfolio and this is one of the gems in a very attractive portfolio (stay tuned for more). Boasts a solid $4,500+ a month NET. Great tenants. Rents are on time. Sit back and get paid! Separate electric and gas meters. Showings by appointment only with 48 hour notice. To minimize disturbing the tenants showings may be grouped. Please send POF prior to booking an appointment. Send LOIs to fbessing@sokodyteam.com with POF and/or Preapprovals. See Flyer for Rent Roll.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

8.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

N-2R

APN/PARCEL ID

140200 99.36-5-3

ASK ABOUT THIS PROPERTY

Frank BessingThe Sokody Team @Howard HannaMore Info
585-252-5138

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Frank BessingThe Sokody Team @Howard HannaMore Info
585-252-5138

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.