457 Normal Avenue, Buffalo, NY 14213

$99,900
9
BD
5
BA
4,560
SqFt

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List Price
$99,900
Status
ACTIVE
Days on Market
0
MLS#
B1726022
Subtype
Residential
Year Built
1915
Bedrooms
9
Bathrooms
5
Full Baths
4
Half Baths
1
Living Area
4,560
Lot Size
4,023
Acres
0.09
MLS Area Major
Buffalo City

Property Description

Calling all investors and visionaries! Offered at $99,900, 457 Normal Avenue, Buffalo, NY 14213 presents an exciting opportunity to restore, reimagine, and build rental income on Buffalo’s West Side. This property features three units in the main house plus a detached three-bedroom, one-bath carriage house, offering four potential income streams across two buildings. The property experienced a fire that, according to the seller, affected only one unit in the front house. Bring your contractor and your vision to explore the possibilities! Looks like 3 unit front house had full tear off roof at some point and many of the kitchens and baths were updated of recent also. Consider the rental potential: Assuming an average rent of $1,250–$1,400 per unit, the property could generate approximately $5,000–$5,600 monthly, or $60,000–$67,200 annually, in gross rental income after necessary repairs, required approvals, and full occupancy. Sold strictly “as is.” Cash offers only; proof of funds required with all offers. Bring your contractor, evaluate the opportunity, and submit your offer on this cash cow! Seller reserves the right to put an offers due date.

Additional Information

Taxes
$1,825
Flooring
Ceramic Tile, Hardwood, Varies
Appliances
Gas Water Heater
Heating
Gas, Other, See Remarks
Air Conditioning
Other, See Remarks
Parking Features
No Driveway
School District
Buffalo

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Listing courtesy of Rhoades Real Estate. Contact: