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ActiveOpen house: Sun, May 21 · 1-3 PM

Buy a multi-family propertyat 65 Colton Avenue, Buffalo, NY 14218

$219,000

$0/mo

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Residential

2,503 Sq. Ft.

4,020 Sq. Ft. lot

7 Bedrooms

3 Bathrooms

366 Days on market

B1468358 MLS ID

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About 65 Colton Avenue multi-family property

Incredible opportunity in the heart of Lackawanna for owner occupants or investors. Well maintained 3 units over 2500 sqft with a brick facade has a lot of updates. New roof, new furnace for the upper unit, new HWT, and sump pump. Lower unit boasts 3 bedrooms, very spacious living and dining is vacant and totally renovated (paint, floors, bathroom, tiles), ready to move in and collect 2 rents. 2nd unit on the second floor has 3 bedrooms, a living, and formal dining. 3rd unit is on the 3rd floor with 1 bedroom, living and a spacious kitchen. Great location off Ridge Rd, steps from the Basilica and the Botanical Gardens, and 6 minutes from Cazenovia Park and Ice Rink.
Incredible opportunity in the heart of Lackawanna for owner occupants or investors. Well maintained 3 units over 2500 sqft with a brick facade has a lot of updates. New roof, new furnace for the upper unit, new HWT, and sump pump. Lower unit boasts 3 bedrooms, very spacious living and dining is vacant and totally renovated (paint, floors, bathroom, tiles), ready to move in and collect 2 rents. 2nd unit on the second floor has 3 bedrooms, a living, and formal dining. 3rd unit is on the 3rd floor with 1 bedroom, living and a spacious kitchen. Great location off Ridge Rd, steps from the Basilica and the Botanical Gardens, and 6 minutes from Cazenovia Park and Ice Rink.

Open houses

Sun, May 21, 1:00 PM - 3:00 PM

Property details

Property Access

City Street

Appliances and Equipment

Gas Water Heater

Basement

Full

Bathrooms

3 full bathrooms

3 total bathrooms

Bedrooms

7 total bedrooms

House

2 total stories

Built in 1940

Stories: 2

2,503 sqft living area

2503 total building sqft

Composite Siding

Two

Community

3 units in community

Expenses

Water/Sewer

Floors

Hardwood

Laminate

Varies

Heating

Gas

Forced Air

Income

Net Operating Income: -4725

Listing

Property Subtype: Multi Family

17 days on market

Listed on 2023-05-04

Water

Location

County: Erie

Lot

4020 sqft

0.0923 acres

Area: 0.0923

Dimensions: 30X134

Residential Lot

Parking

Paved

On Street

Possession

Close Of Escrow

Property

3 units

Resale

Schools

Elementary School District: Lackawanna

Middle School District: Lackawanna

High School District: Lackawanna

Sewer

Connected

Taxes

Annual Amount: $4,725

Utilities

2 separate electric meters

2 separate gas meters

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$1,571/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$205,860

+$6,570

$212,430

Seller agent commission$6,570 (3%)*

$0 (0%)

Buyer agent commission$6,570 (3%)*

$6,570 (3%)*

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

Get $6,570 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 5, 2024 at 6:47 a.m.

Data updated: May 21, 2023 at 7:16 p.m.

Courtesy of Hunt Real Estate ERA.
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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