Buffalo, NY 14207 561 Ontario Street
$400,000
Pending
40 more
Presented By: Renee J Moran with Red Door Real Estate WNY LLC;
SQFT • 8,005
Garage • 1
Home Details
Start collecting $5600 monthly on this Riverside money maker. This all brick 6 unit is fully rented to long term tenants that want to stay. All utilities are separately metered with 6 electric meters, 6 heating systems and 6 hot water tanks. This rare property has an updated roof, several updated windows and updated mechanicals. Detached garage could be rented for additional income or used for building maintenance/storage. Located in an extremely walkable neighborhood with access to buses and thruways for easy commutes to virtually anywhere. Income properties of this size generating this much income sell fast.
Presented By: Renee J Moran with Red Door Real Estate WNY LLC;
Interior Features for 561 Ontario Street
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Total Fireplaces
Total Stories2
General for 561 Ontario Street
CityBuffalo
Construction MaterialsBrick
CountyErie
DirectionsCorner of Ontario and Newfield near Skillen.
Elementary School DistrictBuffalo
Garage Y/NYes
Gross Income63600.0
HeatingGas, ForcedAir
High School DistrictBuffalo
Lease Considered Y/NNo
LevelsTwo
Lot Size Square Feet4305.0
Lot Size UnitsAcres
MLS AreaBuffalo City-140200
Middle/Junior School DistrictBuffalo
Net Operating Income46941.0
Number Of Units Total6
Operating Expense10097.0
PossessionCloseOfEscrow
Possible UseResidential
Property ConditionResale
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeCommercialSale
RoofAsphalt
School DistrictBuffalo
SewerPublicSewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameJones
Tax Annual Amount6562.0
Tax Assessed Value249000
Tax Lot24
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Year Built1950
Year Built DetailsExisting
ZoningN-3E
Zoning DescriptionResidential Multi Use
Exterior for 561 Ontario Street
Building Area Total8005.0
Gulf-FrontNo
InclusionsLand and Building, Other - See Remarks
Lot Dimensions30X144
Lot FeaturesRectangular, RectangularLot
Lot Size Acres0.0988
Lot Size Area0.0988
Number of Buildings1
Parking FeaturesOnSite, Surfaced
Total Parking2.0
Water SourcePublic
