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About This Home
This 0-bedroom, 0-bathroom commercial at 1892 Seneca Street in Buffalo, NY is listed for $224,900 ($56 per sqft). Built in 1915, the home offers 4,001 sqft of living space on a 0.11 acres lot.
Fantastic investment opportunity! Both apartments are tenant occupied, as well as the deli storefront. This property offers a 7.76% cap rate with the current below market rents and brings in over $33,000/year in gross rental income. Projected gross rental income should be $40,800/year.
Roof has been replaced within the last 8 years. Facade and commercial windows were replaced within the last 2 years. Tenants are long term and would like to stay. Back apartments (upper and lower) are tenant occupied, and each have 2 bedrooms and 1 full bathroom.
Storefront can be shown between 9:00am-8:00pm daily. Back unit tenant apartments require tenants to be present- 24 hour notice is required, 48 hour preferred. Lower tenant has availability after 4pm and on certain days off. Can also be sold as a bundle with five additional investment properties on Seneca Street, including a vacant lot: MLS#B1657116
Key Features
- Built in 1915
- 0.11 acre lot
- 2 stories
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1892 Seneca Street
Buffalo, NY 14210
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1892 Seneca Street is listed at $224,900 ($56/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.11 acre lot, 2 stories, 2 parking spaces.
This property is listed by Jennifer R Goetz and can be reached at 7163166664 or jen@jengoetz.com.
