534 Walden Ave - Apartments FOR SALE


Buffalo, NY 14211- Genesee Moselle
$399,900 USD
716-292-8756
534 Walden Ave, Buffalo, NY for Sale
$399,900 USD
Apartments - FOR SALE
1/48
null | 15% Cap Rate

534 Walden Ave
Buffalo, NY 14211
Genesee Moselle


OVERVIEW

This recently renovated 6-unit commercial residential apartment building is a turnkey investment generating over $75,000 annually with minimal expenses—taxes are under $2,000 per year and maintenance is minimal. Featuring a brand-new roof, updated electric and gas meters, and upgraded gas plumbing, this property is fully rented, with five out of six tenants on Section 8, ensuring guaranteed income. Each unit has separate utilities and meters, reducing owner costs. Additional features include a full basement, full attic, one garage, off-street and on-street parking. Located just a block away from grocery stores, gas stations, and numerous amenities, this prime location enhances tenant demand. Whether you're a seasoned investor or looking for a hassle-free addition to your portfolio, this high-yield property offers stability, profitability, and long-term value. Don’t miss this opportunity!

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$68 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,650

CAP RATE

15%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

N-3E

APN/PARCEL ID

140200-101-640-0003-029-000

ASK ABOUT THIS PROPERTY

Thejan KodituwakkuKeller Williams RealtyMore Info
716-292-8756

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Thejan KodituwakkuKeller Williams RealtyMore Info
716-292-8756

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