1286 Broadway, Buffalo, NY 14212

Description

Excellent investment opportunity on Buffalo’s East Side! This 3-unit multi-family property at 1286 Broadway is offered at an attractive price point of $149,900, ideal for investors seeking a cash cow with value-add potential and long-term cash flow. Annual Gross Rents of $36,660 and low taxes yielding a healthy NOI 15.5% CAP at the asking price! The property features three separate units with functional layouts, offering flexibility for leasing strategies. Lower 3 bedroom is comprised of 3 subtenants and shared kitchen facility (rent reflects combined sub-rents). Conveniently located on a major corridor with easy access to public transportation.

Strong upside potential...