3039 Delaware Ave, Kenmore, NY 14217

12 Unit Apartment Building | $999,000 ($83,250/Unit) | 9.10% Cap Rate | Kenmore, NY 14217

Asking Price $999,000

Property Type: Multifamily
Square Feet: 11,271 SF

Listing Contacts

Michael Battaglia

Property Overview

ATTENTION INVESTORS !!!
12 UNITS ALL SINGLE BEDROOM SINGLE BATH UNITS
APPLIANCES, TUB AND SHOWER BATHS, HARDWOOD FLOORING
TENANCY IS MONTH TO MONTH AND LEASED
OWNER PAYS HEAT AND WATER, TENANTS PAY ELECTRIC.
MASONARY AND STUCCO EXTERIOR.
NEW BOILER IN 2023
SUPER VILLAGE LOCATIONS, EXCELLANT WALKING SCORES
CLOSE TO SHOPPING, SCHOOLS AND RECREATION.
MINUTES TO BUFFALO CBD, AIRPORT AND CANADIAN BORDER

Property Details

Class: C
Year Built: 1950
Stories: 2
Units: 12

Highlights

12 UNIT BUILDING ALL 1 BEDROOMS
STRONG RENTAL MARKETS, EASILY ACCESSABLE, PUBLIC TRANSPORTATION
APPLIANCES, COMMON LAUNDRY FACILITIES
BRICK AND MASONARY CONSTRUCTION, OWNER SELF MANAGES
ROOM FOR VALUE ADD / ORGANIC RENTAL INCREASES/ TENANTS ON LEASES

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