89 Wyoming Ave - Apartments FOR SALE


Buffalo, NY 14215
$114,000 USD
716-791-7754
89 Wyoming Ave, Buffalo, NY for Sale
$114,000 USD
Apartments - FOR SALE
1/21
null | 15.89% Cap Rate

89 Wyoming Ave
Buffalo, NY 14215


HIGHLIGHTS

  • High CAP %14.5
  • Highly desirable area for rent. Situated in a convenient location near local establishments.

OVERVIEW

Hot sale! Below Market! Similar house just sold for $156,000. Owner need money to sell fast. Excellent CAP. Buyer brokers welcome. Seller will pay BUYER FEE of %3. Each 2 Br unit in this area we recently renting for $950-1200, considering the most expected expenses for city taxes, county taxes, water and insurance + small maintenance from previous years experience and annual NET income $18,240, CAP of %14.5 is realistic. Current tenants were given 30 day notice and will be vacated to increase the rent profit prior closing. House can be sold vacant or rented at closing with reputable management company in place. If you want house rented to new tenants, we will do it after strict process of verification or their income, credit score and previous tenancy history. Fantastic opportunity to own rental property in safe neighborhood in high demand. This 4-bedroom, 2-bathroom, 1,408 sqft double allow you to live rent free in lower and rent out upper or have extra income and retire on passive income as a rental investment. Situated in a convenient location near local establishments. Will generate substantial return, making it a valuable addition to any real estate portfolio.

FOR SALE DETAILS

PRICE

$114,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

2

PRICE/UNIT

$57,000

CAP RATE

15.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

89 Wyoming Ave, Buffalo, NY 14215

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

N-3R

APN/PARCEL ID

140200-101-230-0002-032-000

ASK ABOUT THIS PROPERTY

Mai VerunqueABS Investments, LLCMore Info
716-791-7754

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Mai VerunqueABS Investments, LLCMore Info
716-791-7754

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