tomo logo

$449,000

Beds
7
Baths
3.0
sq ft
3,598

255 Ontario St, Buffalo, NY 14207

255 Ontario St

Buffalo, NY 14207

  • 96 days on market
    • Price drop $50,000↓
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. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio. The motivated seller. Make an offer.

Details

Property type

Mixed Use

Lot size

3,851 sq ft

Price per sq ft

$125

Year built

1913

Annual property taxes

$2,200

Price History

05/23/2024
WNYREIS

WNYREIS #B1528636

Price change
$449,000
-10.02%
03/27/2024
WNYREIS

WNYREIS #B1528636

Listed
$499,000
+667.69%
04/16/2018
WNYREIS

WNYREIS #B1095290

Sold
$65,000

Schools & Community

Neighborhood: 

Riverside Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

Buffalo

Number of units in community: 

3

Status: Active

Tomo last checked: 06/30/2024 at 10:25 PM

Listing updated: 05/23/2024 at 4:33 PM

Listed by: Khaing Naing, Park Realty of WNY LLC Phone #: (716) 332-3453

MLS: WNYREIS #B1528636

WNYREIS logo

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