Primary on Main
Address
58 Gresham Drive, Amherst, NY
Price
$ 239,900
Property Attributes
- MLS#B1533074
- TypeSingle Family
- CountyERIE
- CityAmherst
- AreaAmherst
- Zip14226
- StyleTwoStory
- Year Built1948
- Taxes$ 4977
- Price$ 239,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1504
- Lot Size7,125 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description
Presenting a lucrative investment opportunity in a highly sought-after area of Amherst, close to the University at Buffalo South Campus. This single-family house is currently set up as student accommodation, featuring five bedrooms and two full bathrooms, making it an ideal choice for investors looking to tap into the student rental market. The property boasts a spacious layout conducive to shared living, with large communal areas that ensure comfort for all occupants. Currently, the property has the potential to generate close to $3,000 per month in rental income, ensuring a robust return on investment from day one. The constant demand from students guarantees high occupancy rates, making this a worry-free investment. For those looking to enter the investment market, this property offers a fantastic opportunity with great positive cash flow. It is not just a house, but a steady income stream and a foothold in the thriving rental market near a major university. Don’t miss out on this exceptional opportunity to own a prime piece of real estate with significant income potential in Amherst.
| Price History | |
|---|---|
| 4/21/2024 | Listed $239,900 |
General Features
| Interior Features | LivingDiningRoom,BedroomonMainLevel |
|---|---|
| Sewer | Connected |
| Heating | Gas,ForcedAir |
| Utilities | SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Asphalt |
| Appliances | GasCooktop,GasWaterHeater,Microwave,Refrigerator,Washer |
| Exterior Features | ConcreteDriveway |
| Garage Spaces | 0.0 |
| Architectural Style | TwoStory |
| Construction Materials | Brick,Frame,VinylSiding |
| Year Built | 1948 |
| Stories | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property SubType | SingleFamilyResidence |
| County | Erie |
| Property Type | Residential |
| Garage Y/N | No |
| Total Rooms | 6 |
| Status | Active |
| Directions | USE GPS |
| City | Amherst |
| High School District | Amherst |
| MLS Area | Amherst-142289 |
| Lot Size Square Feet | 7125.0 |
| Waterfront Y/N | No |
| Street Name | Gresham |
| Year Built Details | Existing |
| Tax Annual Amount | 4977.0 |
| Property Condition | Resale |
| Days on Market | 8 |
| Standard Status | Active |
| Middle/Junior School District | Amherst |
| Elementary School District | Amherst |
| Tax Assessed Value | 120000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 20 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood,Laminate,Varies |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Street Suffix | Drive |
| Laundry Features | InBasement |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Parking Features | NoGarage |
|---|---|
| Lot Features | ResidentialLot |
| Water Source | Connected,Public |
| Lot Size Area | 0.1636 |
| Foundation Details | Poured |
| Building Area Total | 1504.0 |
| Lot Dimensions | 50X142 |
| Lot Size Acres | 0.1636 |
| Lot Size Units | Acres |
| Road Frontage Type | CityStreet |
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 14226
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
