1805 Hertel Avenue, Buffalo, NY 14216

$499,900
: 5,110
SqFt

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List Price: $499,900
Status: ACTIVE
Days on Market: 5
MLS#: B1719666
Subtype: Commercial Sale
Year Built: 1950
Living Area: 5,110
Lot Size: 6,450
Acres: 0.15
Subdivision: Crocker Park
Neighborhood: Crocker Park
MLS Area Major: Buffalo City

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Property Description

Rare investment on Hertel Avenue, one of North Buffalo's busiest walkable corridors of restaurants, coffee shops and retail. Two occupied street-front storefronts (salon and tattoo studio) bring in $2,350/month, with two vacant three-bedroom apartments behind them, rent ready, so the next owner sets rents on new leases from day one. Lease both at $1,500 and gross rent reaches about $64,200/year. Owner-users can live and work in the same building. The upper apartment has hardwood floors, a brick fireplace and a separate dining room. Separate gas and electric meters, tenants pay their own. Forced-air gas heat, full basement and off-street parking on a 50 x 129 lot, 5,110 sq ft per public record. This is the mixed-use opportunity you've been waiting for.

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Additional Information

Taxes: $7,016
Zoning: N-2C
Flooring: Hardwood, Varies
Heating: Gas, Individual, Separate Meters, Forced Air
Air Conditioning: Separate Meters, 1 Unit
Stories: 2
Levels: Two
Roof: Asphalt, Flat, Membrane, Rubber
Parking Features: On Site, Surfaced
School District: Buffalo