Buffalo, NY 14222,467 Norwood AVE
Buffalo, NY 14222,467 Norwood AVE
Buffalo, NY 14222,467 Norwood AVE
47
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$689,999
Est. payment /mo
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8 Beds
6,093 SqFt
Active

467 Norwood AVE Buffalo, NY 14222

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,093 sqft

Price per Sqft $113

MLS Listing ID B1650108

Bedrooms 8

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $11,172

Lot Size 7,213 Sqft

Acres 0.1656

Lot Dimensions 39X185

Property Sub-Type Commercial

Property Description

Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood's top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing - or take to the next level with strategic updates. A rare opportunity in one of Buffalo's most desirable neighborhoods !

Location

State NY

County Erie

Area Buffalo City-140200

Direction Auburn ave to Norwood ave

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Hardwood, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Available, Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Aluminum Siding,Attic/Crawl Hatchway(s) Insulated,Brick,Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-100-210-0005-033-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://drive.google.com/file/d/1uwDDB-VnPfQSGJwn-MZHu-0OcELyx7ZU/view?usp=drive_link

Listed by Keller Williams Realty WNY 716-472-8464

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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