Calling ALL investors... **FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY generating $54,000 in annual gross rental income!** Located in Buffalo's Riverside neighborhood near the Niagara River and Riverside Park, this income-producing multi-family offers an attractive combination of established cash flow, separate utilities and future upside. Each of the four apartments features 2 bedrooms and 1 full bath, creating a consistent and desirable unit mix. Current rents total $4,500/month: two leased units at $1,200 each, plus month-to-month units at $1,100 and $1,000. Separate gas and electric utilities add to the property's investment appeal. The building also features two separate full basements and a massive walk-up attic offering substantial additional storage. Situated on a spacious corner parcel with a large yard, the property may also offer potential to create off-street parking, subject to applicable zoning, approvals and permitting-an attractive opportunity to further enhance tenant convenience and long-term value. Whether adding to an existing portfolio or purchasing a first multi-family investment, this fully occupied Buffalo 4-unit offers immediate rental income with additional upside potential. Some photos have been de-cluttered using ai. Offers reviewed as they come. Showings start immediately.
Listing By
Agency Name: Towne Housing Real Estate
Agency Contact: 716-316-9738
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimated Payment
$ 1,186.94 per month $734.21 Principal & Interest $356.50 Property Tax $96.22 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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71 Condon Avenue | MLS# B1706940
This multi-family property located at 71 Condon Avenue, Buffalo, NY 14207 is currently listed for sale with an asking price of $329,900. Condon Avenue is located within the Buffalo school district. Search Buffalo real estate on www.mjpeterson.com today.