$299,900
Active
62 Days Online
3 Beds0 Baths7,731 SQFT
Active

540-544 Niagara Street Buffalo, NY 14201

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Exciting opportunity to be part of the transformational redevelopment of Niagara St! Very large (7, 731 total sq ft), brick, mixed-use investment property with reliable cash flow. Sale includes two buildings (540 Niagara St & 544 Niagara St). Property consists of: two storefront businesses (one barbershop, one restaurant/bakery, both well established & successful); a three bedroom townhome (tenant occupied); a partially gutted two bedroom townhome; and a two bedroom upper apartment (vacant). Separate utilities. Full, dry basement. Driveway, two car detached garage, & additional parking in the rear. Property is centrally located between downtown, Peace Bridge into Canada, Buffalo Niagara Medical Campus, D'Youville College, Allentown, & Elmwood Village. Close proximity to major thru-way systems. Current gross annual income $55, 800. With renovation of the partially gutted townhome & leasing of the vacant two bedroom upper apartment, potential gross annual income $85, 800.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyErie
  • Taxes$7,774
  • HOA/Condo/Coop Fees$0
  • Days on Site62 Days
  • MLS StatusActive
  • MLS ID NumberB1550066
  • Home Size Source Public Records
  • Year Built1925
  • Lot Size0.2 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickBlockConcrete
  • Parking Three Or More Spaces
  • Basement Full
  • Number of Stories 222
  • Acreage 0.2
  • Water Public
  • Cross Street Pennsylvania St
  • Utilities Sewer ConnectedWater Connected
  • Listing Conditions Standard

Interior Features

  • Heating GasForced AirRadiant
  • Appliances Gas Water Heater
  • Flooring CarpetHardwoodVaries
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof AsphaltMembraneRubber
  • Waterfront Property No
  • Exterior Blacktop Driveway
  • Lot Residential Lot
  • Road Frontage City Street

Community Features

  • Township Not Applicable
  • Community Features OtherSee Remarks
  • 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.)

$1,488
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