SQUARE FEET7,748
MLS#B1656513
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONBuffalo Crk Reservation
SCHOOLBuffalo
Property Description
Fantastic investment opportunity! This updated property has two buildings, each with a storefront and updated apartment above. Directly across the street from Cazenovia park, with charming curb appeal perfect for the vibrant Seneca Street shopping district. This property offers a 6.42% cap rate and brings in over $55,000/year in gross rental income. Projected income with market value rents brings the estimated annual gross income to $69,600, with an 8.58% cap rate. Upper apartment units have 3 beds, 1 bath each, with in-unit laundry. The storefronts each have 1 bathroom and additional storage. Within the past 10 years, seller has fully renovated the buildings, including: new roof, windows, all mechanicals (HVAC, electrical, and plumbing), kitchens and bathrooms, flooring, exterior facade, and siding. Sold individually, or part of a package with MLS#1657116. Storefronts can be shown during the store's operating hours, apartments require 24 hour notice, but 48 hours is preferred.
Property Features
Property Type: Commercial - Office
Basement: Partial
Heating: Gas, Forced Air
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $5,733
Year Built: 1930
Feature Descriptions
Days on Site: 148
Flooring: Hardwood, Linoleum, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 60X122
Parcel#: 140200-133-350-0003-054-100
Parking: Other, See Remarks
Parking Notes: Other, See Remarks
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Buffalo
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty WNY
Agency Contact: 716-316-6664
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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2342 Seneca Street | MLS# B1656513
This commercial property located at 2342 Seneca Street, Buffalo, NY 14210 is currently listed for sale with an asking price of $449,900. Seneca Street is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerchoice.com today.