$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](/_next/static/media/WNYREISLogo.5ac79ffc.png)
WNYREIS #B1528636
Price change
$449,000
-10.02%
03/27/2024
![WNYREIS](/_next/static/media/WNYREISLogo.5ac79ffc.png)
WNYREIS #B1528636
Listed
$499,000
+667.69%
04/16/2018
![WNYREIS](/_next/static/media/WNYREISLogo.5ac79ffc.png)
WNYREIS #B1095290
Sold
$65,000
Schools & Community
Neighborhood:
Riverside Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Pool
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](/_next/static/media/WNYREISLogo.5ac79ffc.png)
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