$399,000
Active
41 Days Online
7 Beds3 Baths3,598 SQFT
Active

255 Ontario Street Buffalo, NY 14207

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Upcoming auction on Sept 9-11. In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4, 400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. Buffalo is rising and the fastest-growing city in New York. Add this CASH COW property to your portfolio.

  • Property TypeSingle Family Home
  • NeighborhoodJones
  • CountyErie
  • Taxes$2,200
  • HOA/Condo/Coop Fees$0
  • Days on Site40 Days
  • MLS StatusActive
  • MLS ID NumberB1528636
  • Home Size Source Other
  • Year Built1913
  • Lot Size0.0884 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Style Fourplex
  • Parking OtherSee RemarksTwoor More Spaces
  • Basement Partial
  • Number of Stories 222
  • Acreage 0.0884
  • Water Public
  • Cross Street Mayer
  • Property Sub Type Mixed Use
  • Garage Spaces 0
  • Utilities Cable AvailableSewer ConnectedWater Connected
  • Listing Conditions Standard

Interior Features

  • Heating GasForced Air
  • Appliances Gas Water Heater
  • Flooring LaminateOtherSee RemarksTileVaries
  • Fireplaces 0
  • Laundry Features Washer Hookup
  • Fireplace No

Exterior Features

  • Pool Features Community
  • Waterfront Property No
  • Exterior BalconyPrivate YardSee Remarks
  • Lot OtherResidential LotSee Remarks
  • Patio And Porch Balcony
  • Road Frontage City Street

Community Features

  • Township Not Applicable
  • Senior Community No
  • MLS Area Buffalo City-140200

Schools

School District
Buffalo
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,930
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