433 Linwood, Buffalo, NY 14209
- $1,175,000
- 8
- BD
- 920
- SqFt
- Sold Price
- $1,175,000
- List Price
- $1,175,000
- Status
- CLOSED
- MLS#
- B1636578
- Closing Date
- Jan 26, 2026
- Year Built
- 1991
- Stories
- 2
- Bedrooms
- 8
- Living Area
- 920
- Region
- Buffalo City
Property Description
All brick 8 unit built in 1991 is situated on a private lot and set back from the road. Situated amongst beautiful single family homes. There are 4 buildings total and the units are uppers/lowers. (4) 2 bedroom units and (4) 1 bedroom units. (7) garages and all units have laundry rooms. This property has a town home feel. The apartments are approx. 1,000 sq ft each and rents could be much higher. The current CAP rate is 5.3% with one vacant unit and the others with low rents. Current rent roll is $8,375 with 7 of the 8 apartments. Rents are 950, 1125, 1350, 0, 1250, 1550, 1000, and 1150. There is opportunity to easily push the CAP rate to 9-11%.
Additional Information
- Taxes
- $15,000
- Exterior Features
- Blacktop Driveway
- School District
- Buffalo
- Water
- Not Connected, Public
- Sewer
- Connected
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Listing courtesy of Nichol City Realty. Contact: 716-480-8117
Selling Office: AMP Equity Management.