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$6,000,000
70 Beds
- -- Bath
81,039sqft
70 Mckinley Pkwy, Buffalo, NY 14220
$6,000,000
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Multi Family
Built in 1951
$-- HOA
3.8 acres lot
$74/sq.ft
Description
An exceptional investment opportunity: this well-maintained, turnkey 70-unit, all-brick apartment complex
with ample off street parking is ideally located on McKinley Parkway in South Buffalo close to Frederick Law Olmsted Designed South Park & Buffalo's Botanical Gardens. This Property spans 3.8 acres across 23 buildings & features a desirable unit mix of 25 one-bedroom, 23 two-bedroom, and 22 townhouse-style apartments. All units offer separate utilities and heating systems, central air, and on-site parking. Ownership covers water and garbage. The complex currently generates $60,986 in gross monthly income and benefits from long-term tenants with rents below market,...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
81,039 sqft
Lot Size
3.8 acres lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1659752
MLS Status
Pending
Days on Market
124
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