450 Colvin Avenue, Buffalo, NY 14216

$1,400,000
12
BD
3,924
SqFt

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List Price
$1,400,000
Status
ACTIVE
MLS#
B1719012
Year Built
1910
Stories
2
Bedrooms
12
Number Of Units
12
Acres
0.12
Living Area
3,924
Region
Buffalo City

Property Description

Welcome to an excellent opportunity to own a three-property investment portfolio in North Buffalo! Each property features four one-bedroom apartments, for a total of 12 units. The other two properties are 255 Saranac Ave, Buffalo, NY 14216 and 2500 Delaware Ave, Buffalo, NY 14216. The portfolio is approximately 75% occupied and is being sold as one package. A great opportunity for investors looking to expand their rental portfolio with multiple income-producing properties in a desirable Buffalo location. When fully leased, the properties are projected to generate more than $160,000 in annual revenue, with additional upside and the potential for an even greater return. “Some photos have been AI-enhanced for brightness and tenant privacy"

Additional Information

Taxes
$14,935
Exterior Features
See Remarks
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Listing courtesy of Symphony Real Estate LLC. Contact: