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Updated 7 days ago,
OFF MARKET 48-UNIT APARTMENT BUILDING FOR SALE IN NORTH BUFFALO - $4,999,999 (6% Cap)
Discover this exceptional off-market 48-unit apartment building located in the heart of North Buffalo, a thriving community with strong rental demand. This property presents a rare opportunity for investors seeking a solid, income-producing asset with potential for additional revenue growth.
Property Highlights:
44 well-maintained residential units with a mix of 1-bedroom and studio apartments with 4 storefronts facing Delaware Ave.
Situated in a desirable thoroughfare, close to schools, parks, shopping, and public transportation.
Income Potential: Conservative rent projections indicate steady income, with further opportunities to boost revenue through parking fees and coin-operated laundry facilities.
Priced to meet the one percent rule, this property offers a competitive return on investment.
Don't miss this chance to acquire a high-performing asset in a sought-after area. Contact us today to learn more about this remarkable investment opportunity and to receive detailed financials and rent rolls.