Listing ID B1365000
Sold For$2,133,000
SqFt
13,864
Status Closed
County Erie
Year Built 1885
Property Type Commercial Sale
Property Sub Type Other
Don't miss this "Millionaires Row" money maker! First floor doctors office with 10 year lease in place...along with 7 apartments on month-to-month leases. Before it's current configuration, it was built as a single family home in 1885 for Buffalo businessman, William W. Sloan. Fortunately, much of the original Gilded Age detailing remains and has been restored or enhanced. The property comes with 24 parking spaces; a current Certificate of Occupancy; handicap access ramp; sprinklers on the 1st, 2nd, and 3rd floor hallways; sewer replacement; new water line from the street; hardwood floors, 8 fireplaces (NRTC), and beautiful natural woodwork; recently rebuilt side porch; restoration of front porch; 1st floor A/C split systems; plus much more. Over $215,000 in gross income per year - with a Cap Rate of 7.4%.
County
Erie
Property Sub Type
Other
Property Type
Commercial Sale
Subdivision
Holland Land Company's Su
Year Built
1885
City Region
Delaware District
Community Features
Laundry Facilities
Directions
On Delaware between Bryant and Barker
Elementary School District
Buffalo
High School District
Buffalo
MLS Area Major
Buffalo City-140200
Middle Or Junior School District
Buffalo
Postal City
Buffalo
Township
Not Applicable
Waterfront
no
Buyer Financing
Conventional
Gross Income
220140
Listing Terms
Cash
Net Operating Income
146796
Operating Expense
49333
Operating Expense Includes
Electric, Fuel, Insurance, Maintenance Structure, Snow Removal, Trash, Utilities
Owner Pays
Electricity, Grounds Care, Heat, Hot Water, Snow Removal, Trash Collection, Water
Possession
Close Of Escrow
Rent Includes
Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
Special Listing Conditions
Standard
Tax Annual Amount
24011
Tax Assessed Value
1035000
Tax Lot
7
Appliances
Gas Water Heater, See Remarks
Basement
yes
Basement Type
Full
Cooling
yes
Cooling Type
Wall Unit(s)
Fireplace
yes
Fireplaces Total
8
Flooring
Hardwood, Laminate, Other, See Remarks, Tile, Varies
Heating
yes
Heating Type
Gas, Radiant
Interior Features
Storage, Natural Woodwork
Laundry Features
Common Area, Coin-operated
Living Area
13864
Stories
3
Stories Total
3
Construction Materials
Brick, Stucco
Electric
Circuit Breakers
Exterior Features
Blacktop Driveway, Concrete Driveway
Garage
no
Lot Features
Irregular Lot, Near Public Transit, Residential Lot
Lot Size Dimensions
107X174
Lot Size Units
Acres
Number Of Separate Electric Meters
1
Number Of Separate Gas Meters
1
Number Of Units Total
7
Parking Features
One Space, Driveway, No Garage
Road Frontage Type
City Street, Main Thoroughfare
Roof
Asphalt, Flat, Shingle
Sewer
Connected
Utilities
Cable Available, Sewer Connected, Water Connected
Water Source
Connected, Public
Window Features
Leaded Glass
Accessibility Features
Accessible Approach with Ramp
CLIP
1061783522
Human Modified
no
Listing Association
Buffalo
Mls Status
Closed
Permission
IDX
Property Condition
Resale
Property Sub Type Additional
Other
Year Built Details
Existing
Contact - Listing ID B1365000
Syracuse Realty Group
106 South Main Street
North Syracuse, NY 13212
Phone: 3154100373
Fax: 3154100375
bherzig@syracuserealtygroup.com,ozzie@syracuserealtygroup.com
Data services provided by IDX Broker