1773 Broadway St, Buffalo, NY 14212 - MLS #B402138
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1773 Broadway St
Buffalo, NY 14212
Buffalo, NY 14212
MLS #B402138
$54,9005 Units
Property Details
"Add this tenant occupied five unit apartment with separate gas & electric to your portfolio. $27K in gross annual income at full occupancy. That's an almost unheard of 50% ROI! After all expenses deducted, still almost $23K net income. Great tenant location with bus, supermarket, store & bank just across the street. Located on Lovejoy side of Bailey. Tenant parking on Greene St. Some newer high efficiency furnaces and HWT's, electric updated, vinyl/double paned windows. Roof has been patched but is near the end of its useful life. No leaks. Owner will consider financing with 25% down."
- Property Type Apartments - Five or More Units
- Total Apartments 5
- Studio Apartments 1
- 2 Bedroom Apartment 4
Community & Schools
- County Erie
- Area [NY SWIS Code] Buffalo City
- Amenities Included No Amenities
- Neighborhood Lovejoy
- Town or City Name Buffalo
- Island NA
- On Waterfront Y/N No
- School District Buffalo
- High School Other - See Remarks
- Middle School Other - See Remarks
- Elementary School Other - See Remarks
Interior Features
- Stories 2
- Basement Description Full
- Floor Description Ceramic-Some,Laminate-Some,Vinyl-Some,Wall To Wall Carpet-Some
- Additional Interior Features Circuit Breakers-Some,Copper Plumbing-Some
Exterior Features
- Square Footage 6570
- Lot Dimensions - Frontage 33
- Lot Dimensions - Depth 95
- Acres 0.07
- Lot Shape Rectangular
- Lot Information Near Bus Line,Primary Road
- Exterior Construction Shake Shingle
- Additional Exterior Features Thermal Windows Some
- Garage Spaces per Apt No Garage Spaces
- Parking Spaces per Apt No Parking Spaces
- Driveway Description None
- Roof Description Asphalt
Appliances & Utilites
- HVAC Type Forced A-Some
- Water Resource Public Connected
- Water Heater/Fuel Gas
- Heating Fuel Description Gas
- Kitchen Equip/Appl Included None
- Number of Electric Meters 5
- Number of Gas Meters 5
- Number of Heating Units 5
- Separate Utilities Electric,Gas,Heat
- Sewer Description Sewer Connected
Financial Details
- Gross Annual Income 27000
- Net Operating Income 22875
- Income/Expense Information Provided By Owner
- Operating Expenses Include Insurance,Property Management,Refuse,Repairs/Maintenance,Water / Sewer
- Annual Operating Expenses 2802
- Studio Average Monthly Rent 350
- 2 Bedroom Average Month Rent 462
- Rent Includes Refuse Removal,Water
- Total Taxes 1323
- Town/County Tax 144
- City/Village Tax 1179
- Assessed Value 30000
- Possible Financing Cash Only,Conventional,Land Contract,Owner 1st
Miscellaneous Details
- Year Built 1910
- Year Built Description Existing
- Tax Map Number 140200-112-260-0001-007-000
- Certificate of Occupancy Supplied
- Accessibility Adaptable Home - some
- Possession After Closing
- Riparian Rights No
Map & Directions
Bailey Ave. south & left (east) on Broadway -or- 90 to Walden west exit, left (south) on Harlem (240) and right (west) on Broadway (130). Property is on south side of street on corner of Greene.
Map for 1773 Broadway St, Buffalo, NY 1421242.897244-78.809258
Map locations are not exact and are meant to be an estimated reference only.
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Listing information provided by CNYIS, Inc., GENRIS and WNYREIS.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Gurney Becker & Bourne shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. ©2012 New York State Alliance of MLS's. All rights reserved.
Last Updated 05/20/2012
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