Waterfront
Address
255 Ontario Street, Buffalo, NY
Price
$ 499,000
Property Attributes
- MLS#B1528636
- TypeSingle Family
- CountyERIE
- CityBuffalo
- AreaBuffalo City
- NeighborhoodJones
- Zip14207
- StyleFourplex
- Year Built1913
- Taxes$ 2200
- Price$ 499,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3598
- Lot Size3,850 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description
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.
| Price History | |
|---|---|
| 3/28/2024 | Listed $499,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Gas,ForcedAir |
| Utilities | CableAvailable,HighSpeedInternetAvailable,SewerConnected,WaterConnected |
| Possession | Closing |
| Appliances | GasWaterHeater |
| Exterior Features | Balcony,PrivateYard,SeeRemarks |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Balcony |
| Architectural Style | Fourplex |
| Pool Features | Community |
| Construction Materials | CompositeSiding |
| Year Built | 1913 |
| Stories | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property SubType | MixedUse |
| Gross Income | 52800.0 |
| OwnerPays | GroundsCare,TrashCollection,Water |
| Business Type | Mixed |
| County | Erie |
| Net Operating Income | 45780.0 |
| Operating Expense | 4820.0 |
| Property Type | Residential |
| Subdivision Name | Jones |
| Rent Includes | Gardener,TrashCollection,Water |
| Status | Active |
| Directions | Google would be the best tool. |
| City | Buffalo |
| High School District | Buffalo |
| Total Units | 2 |
| MLS Area | Buffalo City-140200 |
| Lot Size Square Feet | 3850.0 |
| Waterfront Y/N | No |
| Street Name | Ontario |
| Year Built Details | Existing |
| Tax Annual Amount | 2200.0 |
| Property Condition | Resale |
| Days on Market | 1 |
| Standard Status | Active |
| Middle/Junior School District | Buffalo |
| Elementary School District | Buffalo |
| Tax Assessed Value | 113000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 37 |
Interior Features
| Basement | Partial |
|---|---|
| Flooring | Laminate,Other,SeeRemarks,Tile,Varies |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Street Suffix | Street |
| Laundry Features | WasherHookup |
| Total Bedrooms | 7 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Other,SeeRemarks,TwoorMoreSpaces |
|---|---|
| Lot Features | Other,ResidentialLot,SeeRemarks |
| Water Source | Connected,Public |
| Lot Size Area | 0.0884 |
| Building Area Total | 3598.0 |
| Lot Dimensions | 35X110 |
| Lot Size Acres | 0.0884 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 4 |
| Number of Separate Electric Meters | 4 |
| Road Frontage Type | CityStreet,MainThoroughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 14207
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
