255 Ontario Street Buffalo, NY 14207
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