2325 S Park Avenue, Buffalo, NY 14220

$425,000
6
BD
4
BA
6,456
SqFt

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List Price
$425,000
Status
ACTIVE
Days on Market
222
MLS#
B1649481
Subtype
Residential
Year Built
1918
Bedrooms
6
Bathrooms
4
Full Baths
4
Living Area
6,456
Lot Size
3,840
Acres
0.09
MLS Area Major
Buffalo City

Property Description

Located directly on South Park Avenue at a prominent corner location, this solid brick mixed-use building offers strong street presence and excellent visibility. The property features a fully leased commercial storefront currently paying market rent, along with four residential units consisting of two 1-bedroom and two 2-bedroom apartments. The 2-bedroom units include in-unit laundry. All units are separately metered, with newer hot water tanks and many updated heating units throughout the building. The residential units are currently rented below market value, offering potential for future upside, while the commercial tenant provides stable income. The property also includes a garage, ideal for additional income or storage use. A fully occupied asset offering a blend of stability and long-term value-add potential on South Park Avenue. Also listed under Multi-Family MLS B1649482.

Additional Information

Taxes
$4,260
Flooring
Tile, Varies, Vinyl
Appliances
Gas Water Heater
Heating
Gas, Forced Air
Stories
2
Levels
Two
Parking Features
Garage, Two or More Spaces
Garage Spaces
1
School District
Buffalo

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-714-4054