467 Norwood Avenue Buffalo, NY 14222

Other MLS #: B1650108 Courtesy Of Keller Williams Realty Buffalo Northtowns

Property InformationDescription

Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood's top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing - or take to the next level with strategic updates. A rare opportunity in one of Buffalo's most desirable neighborhoods !

Features

  • Age: Over 50 Years Old
  • Appliance: GasWaterHeater
  • Building Units: 5
  • Exterior Type: AtticCrawlHatchwaysInsulated
  • Exterior Type: Brick
  • Exterior Type: VinylSiding
  • Exterior Type: AluminumSiding
  • Floor Covering: Hardwood
  • Floor Covering: Carpet
  • Floor Covering: Varies
  • Floors: 3
  • Heating System: Forced Air
  • Heating System: Natural Gas
  • MLSID: B1650108
  • Roof Type: Asphalt
  • Rooms: Bedroom 7
  • Rooms: Bedroom 6
  • Rooms: Bedroom 5
  • Rooms: Bedroom 4
  • Rooms: Basement
  • Rooms: Bedroom 8
  • Rooms: Bedroom 3
  • Rooms: Bedroom 2
  • Rooms: Bedroom 1

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467 Norwood Avenue, Buffalo, NY 14222
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