Est. Monthly
$8,295/mo
339 Rhode Island Street, Buffalo, NY
INCREDIBLE OPPORTUNITY TO OWN A FULLY RENOVATED BUILDING IN THE DEMAND FIVE POINTS NEIGHBORHOOD. THE PROPERTY WAS PURCHASED BY THE CURRENT OWNERS IN 2013 AFTER HAVING BEEN VACANT FOR OVER A DECADE. AT THAT POINT THE BUILDING HAD NO FUNCTIONING MECHANICAL SYSTEMS. THE PROPERTY WENT THROUGH A 2 YEAR RENOVATION THAT REQUIRED A FULL GUT AND ALL NEW MECHANICAL SYSTEMS, PLUMBING, ELECTRICAL, HEATING, FIRE SPRINKLER, EVERYTHING. THE PROPERTY HAS BEEN FULLY LEASED SINCE. THERE ARE 7 ONE BEDROOM APARTMENTS, 4 TWO BEDROOM APARTMENTS, 1 COMMERCIAL SPACE AS WELL AS AN AT&T CELL TOWER LEASE. THERE IS SOME LAND INCLUDED ON RHODE ISLAND. THE BUILDING IS 2 SHORT BLOCKS TO THE FIVE POINTS INTERSECTION THAT IS BUSTLING WITH CAFES, RETAIL AND RESTAURANTS.
Est. Monthly Payment
$8,294.95
Private Mortgage Insurance
Not required
Private Mortgage Insurance
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