Property Description

Fully renovated, fully occupied, turnkey 6-unit brick multifamily with a comprehensive top-to-bottom 2023 renovation, meaning the heavy lifting is finished and buyers face little to no immediate capex. This stabilized asset offers long-term performance with minimal maintenance, positioned in the Buffalo-Niagara market where quality inventory at this scale is scarce. Every apartment is leased to a long-term tenant with a strong on-time payment record. 6 units, 6,204 sq ft, 12 bedrooms, 6 baths. Base rent of $6,875/month ($82,500/year) plus coin laundry income. Solid brick construction. Fully electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter) and a 12-space private parking lot. PROFESSIONAL MANAGEMENT AVAILABLE: For buyers seeking a completely hands-off position, the current owner offers full professional property management after closing, so the building can be owned from anywhere. This includes rent collection and accounting, tenant relations, maintenance and repairs, leasing and renewals, move-ins and move-outs, and full day-to-day management. For an owner-occupant, live in one unit while the remaining five carry the property. 2023 RENOVATION: New roof (full plywood and architectural shingles). All new windows. Brand-new kitchens with new cabinets, quartz countertops, and stainless steel appliances. New flooring. Full bath renovations: tile, vanities, toilets, mirrors, lighting, cabinetry. New interior and exterior doors, closet doors, locks, and hardware. New balcony doors and balcony flooring. New electric radiators throughout. New A/C units in every apartment. New commercial coin-operated laundry equipment. New sound insulation between units for improved privacy. New lighting throughout the building and exterior. New hallway carpeting. New exterior landscaping being completed in the coming weeks; updated photos will be posted July 24, 2026. ADDITIONAL FEATURES: Security camera system. Secure tenant mailboxes. Professionally maintained. Fully occupied. By APPOINTMENT ONLY. No trespassing. No showings until 7/22. Proof of funds required.

Property Features

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