104 Richmond Avenue
Buffalo, NY 14222
MLS #B1054005

Apartment Building
    P-Pending Sale $349,900
    Est. P&I payment: $1336.38/mo
    104 Richmond Avenue, Buffalo, NY 14222
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    Description for 104 Richmond Avenue, Buffalo, NY 14222
    Elmwood Village Cash COW!!!!! This extremely well maintained Property contains (2) 2 bdrm apartments, and a 13 room boarding house. This building nets over $44k per year, and that is with owner giving free rent to the manager for one of the apartments(other one brings in $975 per month). Located in the Elmwood Village, hottest area of buffalo, but walking distance to Allentown, medical campus, Dyouville college, and Buff State. Plenty of re-use/redevelopment ideas that can even further increase rental income. Would be a great Air BNB complex(has the legal zoning unlike most). Plus has plenty of opportunity to turn into a fantastic multi unit building. A building of this magnitude doesn't come up very often in this area. Call for private showing today.
    MLS #B1054005
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    My Notes for MLS #B1054005

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: P-Pending Sale
    • Total Num of Apartments: 15
    • Type of Sale: Normal
    • Year Built: 1900
    • Year Built Description: Existing
    • Num of 2 Bedroom Apartment: 2
    • Num of Studio Apartments: 13

    Exterior Features

    • Driveway Description: Off Premises,​Other - See Remarks,​Street
    • Exterior Construction: Frame
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 100
    • Lot Dimensions Frontage: 35
    • Lot Information: Other - See Remarks
    • Lot Number: 13
    • Num of Acres: 0.0803
    • Parking Spacesper Apt: No Parking Spaces
    • Roof Description: Asphalt

    Interior Features

    • Basement Description: Full
    • Floor Description: Ceramic-Some,​Hardwood-Some,​Tile-Some,​Vinyl-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: Negotiable
    • Num of Stories: 3
    • Sq Ft Total: 7,659

    Utility Features

    • Heating Fuel Description: Gas
    • HVAC Type: Baseboard
    • Num of Electric Meters: 1
    • Num of Gas Meters: 1
    • Num of Heating Units: 1
    • Sewer Description: Sewer Connected
    • Water Heater Fuel: Gas
    • Water Resources: Public Connected

    Financial Features

    • City Village Tax: 1,433
    • Gross Annual Income: 65,720
    • Incomeexpense Information: May Show Books,​Provided By Accountants,​Provided By Owner,​Tax Return
    • Operating Expenses Include: Accounting/Legal,​Advertising,​Electric,​Exterior Maintenance,​Gas/Oil,​Insurance,​Licenses/Permits,​Management,​Property Management,​Refuse,​Repairs/Maintenance,​Supplies,​Utilities,​Water / Sewer
    • Rent Includes: All Utilities
    • School Tax: 1,433
    • Second Bedrm Average Month Rent: 975
    • Studio Average Monthly Rent: 425
    • Total Taxes: 3,460
    • Town County Tax: 594

    Community Features

    • Amenities Included: Other - See Remarks
    • City Neighborhood: Elmwood Strip
    • County Or Parish: Erie
    • Nearest Cross Street: Summer
    • Village: Not Applicable

    School Features

    • School District Name: Buffalo

    Location

     
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    Directions to 104 Richmond Avenue, Buffalo, NY 14222
    Richmond between Summer and Jersey
    The listing information for 104 Richmond Avenue, Buffalo, NY 14222 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Buffalo Northtowns

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    P&I Payment $1336.38
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    Last Updated 10/18/2017 at 4:47am
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