227 & 229 Abbott Road Buffalo, NY 14220

Multi-Family Home MLS #: B1572825 Listed By CENTURY 21 North East

$489,000

5 beds | 6,641 sq ft
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Est. Property Tax: $5,812
Estimated monthly payments: $2,622/mo.* (recalculate)

Property InformationDescription

This classic 6-unit rental property is a prime investment opportunity with historic feel and architecture and good cap rate, in great Abbott Road South Buffalo Location. Impressive architecture, and ample off-street parking, it's perfect for investors. The property features 6 well-maintained residential units, each with its own storage unit, on site parking, and Common Laundry. An added spacious garage close to 42 x40 with two 10 foot high entry doors has significant potential for conversion into additional rental opportunity, Currently, the garage generates $400/month from a tenant, but it offers room for over 6 cars and could bring even more income if converted. With a gross annual income exceeding $51k, this property is fully occupied and each unit is thoughtfully cared for including windows. The sale includes the adjoining lot at 229, providing tenants with plenty of parking. Plus, there's a convenient bus stop right out front. This is a fantastic opportunity that shouldn't be missed!
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Features

  • Appliances: Refrigerator
  • Flooring: Hardwood, Tile, Ceramic
  • Garage Description: No Garage
  • General: Laundry Facilities
  • Heating - Fuel Type: Gas, Hydro Heat
  • Heating Type: Baseboard
  • Lot Size: 0.23 Acres
  • Road Type: City / Town Street, Main Thoroughfare
  • Roof: Rubber
  • Style: Other Style
  • Water: Municipal Water

MAP & DIRECTIONS

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227 & 229 Abbott Road, Buffalo, NY 14220
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School Information

227 & 229 Abbott Road, Buffalo, NY 14220

Other Nearby Schools Distance Type Grades School Rating
South Park High School 0.2 mi Public 9-12 D
Southside Elementary School 0.4 mi Public PK-8 D
Lorraine Elementary School 0.6 mi Public PK-8 D+
Ps 27 Hillery Park Academy 0.8 mi Public PK-8 B-
Mount Mercy Academy 0.8 mi Private 9-12
South Buffalo Charter School 1.1 mi Public KG-8 C
Western New York Maritime Charter School 1.1 mi Public 5-12 C-
Discovery School 1.2 mi Public PK-8 D
Ps 69 Houghton Academy 1.2 mi Public PK-8 C-
Bilingual Center 1.7 mi Public PK-8 D+
Winchester-potters Elementary School 1.7 mi Public PK-5 D+
Erie 1 Boces 1.8 mi Public KG-12
Global Concepts Charter School 2.0 mi Public KG-12 C+
Our Lady Of Victory School 2.1 mi Private PK-8
Academy School 2.4 mi Public 7-12
Lovejoy Discovery School #43 2.5 mi Public PK-8 D-
Buffalo Elementary School Of Technology 2.7 mi Public PK-8 D+
Harriet Ross Tubman Academy 2.7 mi Public PK-8 D-
Lackawanna High School 2.7 mi Public 9-12 D+
Lackawanna Middle School 2.7 mi Public 6-8 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Buffalo, NY 14220

Median Age: 39.2
Married: 40%
Number of Households: 10,405
Households with Children: 26.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home