71 Condon Avenue, Buffalo, NY 14207

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Property Description

Calling ALL investors... **FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY generating $54,000 in annual gross rental income!** Located in Buffalo's Riverside neighborhood near the Niagara River and Riverside Park, this income-producing multi-family offers an attractive combination of established cash flow, separate utilities and future upside. Each of the four apartments features 2 bedrooms and 1 full bath, creating a consistent and desirable unit mix. Current rents total $4,500/month: two leased units at $1,200 each, plus month-to-month units at $1,100 and $1,000. Separate gas and electric utilities add to the property's investment appeal. The building also features two separate full basements and a massive walk-up attic offering substantial additional storage. Situated on a spacious corner parcel with a large yard, the property may also offer potential to create off-street parking, subject to applicable zoning, approvals and permitting-an attractive opportunity to further enhance tenant convenience and long-term value. Whether adding to an existing portfolio or purchasing a first multi-family investment, this fully occupied Buffalo 4-unit offers immediate rental income with additional upside potential. Some photos have been de-cluttered using ai. Offers reviewed as they come. Showings start immediately.

71 Condon Avenue | MLS# B1706940

This multi-family property located at 71 Condon Avenue, Buffalo, NY 14207 is currently listed for sale with an asking price of $389,900. Condon Avenue is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $4,278
Year Built: 1928

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Composite Siding
Flooring: Hardwood, Laminate, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 30X105
Parcel#: 140200-077-400-0006-015-000
Parking: No Driveway
Parking Notes: No Driveway
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Buffalo

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Estimated Payment

$ 1,337.97 per month $867.75 Principal & Interest $356.50 Property Tax $113.72 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Towne Housing Real Estate
Agency Contact: 716-316-9738

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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