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575 Starin Avenue, Buffalo, NY 14216

$1,799,000
: 32
BD
: 9,392
SqFt

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List Price: $1,799,000
Status: ACTIVE
Days on Market: 55
MLS#: B1712063
Subtype: Multi Family
Year Built: 1950
Bedrooms: 32
Living Area: 9,392
Lot Size: 18,150
Acres: 0.42
MLS Area Major: Buffalo City

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Property Description

Excellent investment opportunity in highly desirable North Buffalo! Situated on a prominent corner lot at the intersection of Starin and St. Lawrence, 575 Starin Ave is a well positioned 16 unit apartment complex consisting of four buildings, offering an attractive opportunity in one of Buffalo’s most stable and sought after rental markets. All 16 apartments are spacious two bedroom units, each featuring a functional layout with a kitchen, living room, two bedrooms, full bathroom, and ample closet and storage space. Each unit has separate heating and electric utilities, while the landlord supplies hot water. Every apartment is also equipped with its own separate laundry hookup system and secured storage, providing added convenience. The property offers 16 on site parking spaces, with one dedicated space for each apartment, along with plenty of outdoor space located behind the buildings for tenants to enjoy. With its desirable North Buffalo location, strong unit configuration, individual utilities, on site parking, and tenant amenities, 575 Starin Avenue presents an excellent opportunity to acquire a 16 unit multifamily asset with the potential for an attractive return on investment.

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Additional Information

Exterior Features: Blacktop Driveway
Taxes: $25,975
Flooring: Carpet, Laminate, Varies
Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Heating: Gas, Forced Air
Stories: 2
Levels: Two
Roof: Asphalt
Parking Features: One Space, Driveway, No Garage
School District: Buffalo