Active

184 Goundry Street
North Tonawanda, NY 14120

$185,000
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Property Description

Cash Sale only! This five-unit property offers excellent income with the current tenants yet presents the potential to increase the income stream by gradually making small improvements. Current rents are $725, $725, $700 and $700 and the owner occupies one unit, which has a market value of $750. All units are one bedroom: there are two units on the first floor, two units on the second floor and one on the third floor. Most of the units have separate utilities, and all appliances (five refrigerators and five gas stoves) are included. There are five newer hot water boilers and five circuit breaker panels. The rear portion of the roof is approximately 10 years old. There is plenty of off-street parking and a deep yard. This is a small, manageable building perfect for a first-time investor or a seasoned pro.

Details

Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Appliances: Common Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
Basement: Full
Laundry: Coin Operated
Heating: Gas, Hot Water
Exterior Features: Blacktop Driveway, Fence
Construction Materials: Cedar, Frame
Lot Dimensions: 68 X276
Lot Size: 0.4309
Roof: Asphalt
Sewer: Connected
Water: Connected, Public
Parking: One And One Half Spaces, Driveway, Garage