101 Gatchell Street, Buffalo, NY 14212

$94,900
8
BD
2
BA
1,586
SqFt

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List Price
$94,900
Status
ACTIVE
Days on Market
142
Price Change
▼ $4,100 1789602972
MLS#
B1682284
Subtype
Residential
Year Built
1900
Bedrooms
8
Bathrooms
2
Full Baths
2
Living Area
1,586
Lot Size
3,300
Acres
0.08
MLS Area Major
Buffalo City

Property Description

Great investment opportunity! Spacious 2-family home located off Bailey Ave featuring a total of 8 bedrooms and strong income potential. The front apartment is vacant and move-in ready, offering a living room, large kitchen with new flooring, 2 bedrooms, full bathroom, and convenient in-unit laundry hookups. Perfect for an owner-occupant or ready for a new tenant immediately. The rear duplex apartment is currently rented to long-term tenants paying $1,250/month. This spacious unit features a first floor with living room, dining room, large kitchen, full bathroom, and 2 bedrooms. The second floor includes 4 large bedrooms, providing plenty of space for a large household. Potential gross income can reach approximately $2,500/month while maintaining low yearly expenses. City taxes, user fee, and water are approximately $2,600 annually, making this property an excellent cash-flow investment opportunity.

Additional Information

Taxes
$1,157
Flooring
Other, See Remarks
Appliances
Gas Water Heater
Heating
Gas, Other, See Remarks
Air Conditioning
Other, See Remarks
Parking Features
No Driveway
School District
Buffalo

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Arrowhead Property Management, LLC. Contact: