39 College Street, Buffalo, NY 14201

$500,000
4
BD
4
BA
4,446
SqFt

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List Price
$500,000
Status
ACTIVE
MLS#
B1707080
Year Built
1900
Stories
2
Bedrooms
4
Bathrooms
4
Acres
0.07
Living Area
4,446
Region
Buffalo City

Property Description

Well-maintained 4-unit investment property offering four 1-bedroom, 1-bathroom apartments with separate gas and electric meters for each unit. This property combines classic Buffalo character with several important updates, making it an excellent opportunity for an investor looking to add a solid multifamily property to their portfolio. Each apartment offers spacious living areas, hardwood flooring, abundant natural light and beautiful original woodwork, including impressive trim, doors and built-ins that add character throughout the property. The kitchens are functional and generously sized, featuring ample cabinetry, counter space and appliances, while the bathrooms are clean and well maintained. The property has been cared for over the years and features updated furnaces, separate utility metering and a full basement providing dedicated laundry, storage and mechanical space. The basement also offers plenty of room for additional storage and owner use. Above the living spaces, an expansive unfinished attic provides an impressive amount of additional storage and potential for future use, subject to the appropriate approvals. Outside, the property features a covered front porch, large upper-level porch and a private rear yard, providing additional outdoor space for the occupants. The combination of four 1-bedroom units, separate gas & electric utilities, updated furnaces, original hardwood floors and woodwork, ample basement storage, and substantial attic space makes this a property with both character and functionality. A great opportunity for an investor seeking a well-maintained multifamily property with strong underlying fundamentals and additional potential. All units are currently occupied.

Additional Information

Taxes
$8,554
Interior Features
Ceiling Fan(s), Natural Woodwork
Exterior Features
Balcony, Fence
Style
Fourplex
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of HUNT Real Estate ERA. Contact: 716-807-6401