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About This Home
This 0-bedroom, 0-bathroom commercial at 2342 Seneca Street in Buffalo, NY is listed for $449,900 ($58 per sqft). Built in 1930, the home offers 7,748 sqft of living space on a 0.17 acres lot.
Fantastic investment opportunity! This updated property has two buildings, each with a storefront and updated apartment above. Directly across the street from Cazenovia park, with charming curb appeal perfect for the vibrant Seneca Street shopping district.
This property offers a 6.42% cap rate and brings in over $55,000/year in gross rental income. Projected income with market value rents brings the estimated annual gross income to $69,600, with an 8.58% cap rate. Upper apartment units have 3 beds, 1 bath each, with in-unit laundry.
The storefronts each have 1 bathroom and additional storage. Within the past 10 years, seller has fully renovated the buildings, including: new roof, windows, all mechanicals (HVAC, electrical, and plumbing), kitchens and bathrooms, flooring, exterior facade, and siding. Sold individually, or part of a package with MLS#1657116. Storefronts can be shown during the store's operating hours, apartments require 24 hour notice, but 48 hours is preferred.
Key Features
- Built in 1930
- 0.17 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2342 Seneca Street
Buffalo, NY 14210
Buffalo Crk Reservation
Property Details
Flooring
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2342 Seneca Street is listed at $449,900 ($58/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.17 acre lot, 2 stories.
This property is listed by Jennifer R Goetz and can be reached at 7163166664 or jen@jengoetz.com.
