Listed by Keller Williams Realty Buffalo
$249,900
2322 & 2308 Seneca St
Details
Property Type Retail
Sub Type Storefront, Commercial
Square Footage 4,824
Cap Rate 6.40%
NOI $19,129
Occupancy 100%
Tenancy Multi
Lease Type Gross
Fantastic Investment Opportunity! 1 Storefront & 2 Apartments, fully rented.
Marketing description
For Sale
Investment highlights
- Current NOI of $19,128.90 can grow to $25,878.90 with rent optimization, representing a $6,750 annual increase.
- Property details: Commercial Store Front with 1 bath, Two 3 bedroom/1 bath Unit.
- Property upgrades: Roof 2021, Windows upper 2018, Upper Kitchen/Bath Restored 2021. Facade and commercial windows 2021, Building painted 2021. Replaced 2 furnaces and 1 A/C since 2022, 1 new hot water tank, Plumbing replaced 2022-2023
Listing Contacts
Listed by Keller Williams Realty Buffalo
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$19,128.90
$1,594.08/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
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