520 Virginia St, Buffalo, NY 14202
43 Unit Apartment Building | $3,950,000 ($91,860/Unit) | 7.55% Cap Rate | Buffalo, NY 14202
For Sale
Active
Asking Price $3,950,000
- Property Type
-
Multifamily
- Square Feet
- 21,485 SF
Listing Contacts
- Property Info
Property Overview
PRICE REDUCED $150K to $3,950,000 Prime 43 unit consisting of 41 studio's and 2-1brm units located a block from UB Medical campus as well as Oishei Children's hospital, most recent improvements include : All new windows and entry doors ,foam roof 2-3 yrs. Installed a brand-new security system, multiple cameras inside and outside, installed FOB Key Access on the front door and garbage area gate entrance and have also converted the two side doors to crash bar emergency exit only doors with alarms, overhauled the boiler system (new main valves, new boiler sensor), re-painted the entire building, new carpet tiles at the front door entrance, at this point a large majority of the apartments have been updated or newly renovated. Sealed all of the exterior portion of chimneys to protect from leaks.
NDA must be completed prior to financial information to be released please contact Chris Greco 716-570-7600 [email protected] for more information.
NDA must be completed prior to financial information to be released please contact Chris Greco 716-570-7600 [email protected] for more information.
Property Details
- Class
- C
- Year Built
- 1935
- Stories
- 4
- Lot Size (sq. ft)
- 3,485 SF
- Units
- 43
Highlights
- A block from UB Medical campus as well as Oishei Children's hospital.
- Attractive financing available, approximately 3M 6.7% 30 year amort. 10 yr fixed
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