1805 Hertel Avenue, Buffalo, NY 14216

$499,900
6
BD
4
BA
5,110
SqFt

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List Price
$499,900
Status
ACTIVE
MLS#
B1719667
Year Built
1950
Stories
2
Bedrooms
6
Bathrooms
4
Baths Half
2
Acres
0.15
Living Area
5,110
Subdivision
Crocker Park
Region
Buffalo City
Neighborhood
Crocker Park

Property Description

Rare investment on Hertel Avenue, one of North Buffalo's busiest walkable corridors of restaurants, coffee shops and retail. Two occupied street-front storefronts (salon and tattoo studio) bring in $2,350/month, with two vacant three-bedroom apartments behind them, rent ready, so the next owner sets rents on new leases from day one. Lease both at $1,500 and gross rent reaches about $64,200/year. Owner-users can live and work in the same building. The upper apartment has hardwood floors, a brick fireplace and a separate dining room. Separate gas and electric meters, tenants pay their own. Forced-air gas heat, full basement and off-street parking on a 50 x 129 lot, 5,110 sq ft per public record. This is the mixed-use opportunity you've been waiting for.

Additional Information

Taxes
$7,016
Interior Features
Natural Woodwork
Exterior Features
Awning(s), Balcony, Deck, Fence
Style
Fourplex
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Red Door Real Estate WNY LLC. Contact: 716-803-2019