Emily Cornwell
This listing was posted on RealtyWW.
$750,000
Tonawanda St, Buffalo, Home For Sale
Price:
$750,000
BR/BA:
10+ BR
Location:
1160 Tonawanda St, Buffalo, NY
Description:
Ignore the dust and focus on the RETURN! With 24 rooms and current 85% occupancy, this cash cow brings in an annual NET return of over $120, 000.00. Brand new sprinkler system (2024), over a $100, 000 investment significantly reducing annual insurance costs, and low Town of Tonawanda taxes (under $5, 500). Modest monthly utility costs, mostly updated windows, on-site laundry, common restrooms, full dry basement, updated electric, newer sewer line (2017), large parking lot, and garage. Close to transit and easy to occupy few remaining units. First Floor can be rebuilt as a tavern (previous use), or additional income-producing first-floor retail, or units/rooms. 19/24 rooms bring in over $500/m each with room rates up to $700/m. Buy, hire management, or manage yourself and Take Home over 6-figures annually.For more details: https://realtyww.info/homes_buffalo-d523631/for-sale_i76416358
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More About this Listing: Tonawanda St, Buffalo, Home For Sale
Tonawanda St, Buffalo, Home For Sale is a 10+ BR Single-Family Homes for Sale at 1160 Tonawanda St in Buffalo NY. Find other listings like Tonawanda St, Buffalo, Home For Sale and listings near 1160 Tonawanda St by searching Oodle Classifieds for 10+ BR Single-Family Homes for Sale in Buffalo NY.
Tonawanda St, Buffalo, Home For Sale is a 10+ BR Single-Family Homes for Sale at 1160 Tonawanda St in Buffalo NY. Find other listings like Tonawanda St, Buffalo, Home For Sale and listings near 1160 Tonawanda St by searching Oodle Classifieds for 10+ BR Single-Family Homes for Sale in Buffalo NY.