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Buy a multi-family propertyat 39 Fernhill Avenue, Buffalo, NY 14215

$89,900

$0/mo

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Residential

2,633 Sq. Ft.

4,200 Sq. Ft. lot

5 Bedrooms

3 Bathrooms

356 Days on market

B1470822 MLS ID

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About 39 Fernhill Avenue multi-family property

MUST SEE!!! Come see this SPACIOUS, two unit set in the City of Buffalo steps from Erie County Medical Center (ECMC). This attractive 3/2 double has FANTASTIC rental potential & with renovation will be ready for significant cash flow. The front unit has some period woodwork trim & hardwood floors, kitchen w/wood cabinets & porcelain sink & countertop. The rear unit has been severely damaged from a fire and has been partially rebuilt, although still needs a considerable amount of work. Featuring recent updates including new basement jack posts 2022, front unit HWT 2014 and bedroom redone in 2011 with some updated windows. The driveway provides plenty of off-street parking, enjoy separate utilities & the convenience of being located minutes from downtown Buffalo, suburban centers, Route 33 & entertainment. This is a perfect add to your investment portfolio or for owner occupied buyers who find value in collecting rent to help with or cover a mortgage! Low taxes & close to ALL conveniences.
MUST SEE!!! Come see this SPACIOUS, two unit set in the City of Buffalo steps from Erie County Medical Center (ECMC). This attractive 3/2 double has FANTASTIC rental potential & with renovation will be ready for significant cash flow. The front unit has some period woodwork trim & hardwood floors, kitchen w/wood cabinets & porcelain sink & countertop. The rear unit has been severely damaged from a fire and has been partially rebuilt, although still needs a considerable amount of work. Featuring recent updates including new basement jack posts 2022, front unit HWT 2014 and bedroom redone in 2011 with some updated windows. The driveway provides plenty of off-street parking, enjoy separate utilities & the convenience of being located minutes from downtown Buffalo, suburban centers, Route 33 & entertainment. This is a perfect add to your investment portfolio or for owner occupied buyers who find value in collecting rent to help with or cover a mortgage! Low taxes & close to ALL conveniences.

Property details

Property Access

City Street

Main Thoroughfare

Appliances and Equipment

Gas Water Heater

Basement

Full

Bathrooms

1 half bathroom

2 full bathrooms

3 total bathrooms

Bedrooms

5 total bedrooms

House

1 total stories

Built in 1930

Stories: 1

2,633 sqft living area

2633 total building sqft

Duplex

Composite Siding

Wood Siding

Copper Plumbing

One

Community

2 units in community

Expenses

See Remarks

Floors

Carpet

Hardwood

Varies

Vinyl

Foundation

Block

Stone

Heating

Gas

Forced Air

Income

Net Operating Income: -1069

Interior Features

Ceiling Fan(s)

Natural Woodwork

Listing

Property Subtype: Multi Family

3 days on market

Listed on 2023-05-10

Trash Collection

Water

Location

County: Erie

Lot

4200 sqft

0.0964 acres

Area: 0.0964

Dimensions: 40X105

Near Public Transit

Rectangular

Residential Lot

Parking

Concrete

Two or More Spaces

Possession

Close Of Escrow

Property

2 units

Resale

Fixer

Roof

Asphalt

Shingle

Schools

Elementary School District: Buffalo

Middle School District: Buffalo

High School District: Buffalo

Sewer

Connected

Taxes

Annual Amount: $1,069

Utilities

Circuit Breakers

2 separate electric meters

2 separate gas meters

Cable Available

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$645/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$84,506

+$2,697

$87,203

Seller agent commission$2,697 (3%)*

$0 (0%)

Buyer agent commission$2,697 (3%)*

$2,697 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $2,697 more selling your home
with an Unreal Estate agent

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Cities

Unreal Estate checked: May 1, 2024 at 4:48 p.m.

Data updated: May 13, 2023 at 6:16 p.m.

Courtesy of Keller Williams Realty WNY.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 New York State Alliance. All Rights Reserved.

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