Listed by Keller Williams Realty Buffalo
$149,900
2346 Seneca St
Details
Property Type Retail
Sub Type Commercial
Square Footage 2,806
Units 2
Cap Rate 7.46%
NOI $14,853
Tenancy Vacant
Fantastic Investment Opportunity! 1 Storefront & 1 Apartments, vacant and ready for you to fix up!
Marketing description
Property upgrades: This property is 95% completely restored over the past year. All new windows, commercial windows, facade, roof, kitchens, baths, flooring, plumbing, electric, HVAC
Investment highlights
- Purchase Price: $199,000
- Units: 2
- Storefront: $1,500/mo
- Upper: $1,400/mo
- Annual Gross Income: $34,800
- Total Operating Expenses: $19,947.19
- Net Operating Income: $14,852.81
- Cap Rate: 7.46%
Listing Contacts
Listed by Keller Williams Realty Buffalo
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$14,852.81
$1,237.73/mo
Valuation Metrics
0
DSCR
9.91%
Cap Rate
9.91%
ROI
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