255 Ontario Street Buffalo, NY $ 499,000
255 Ontario Street
$ 499,000
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255 Ontario Street

Buffalo, NY, 14207
$ 499,000
Bedrooms7 Baths3.0 Sq 3,598

Monthly Estimate*

$ 3,486

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Single Family Home for sale in Buffalo, NY

for $499,000 with 7 bedrooms and 3 full baths. This 3,598 square foot home was built in 1913 on a lot size of 0.088384.

In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4,400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. Buffalo is rising and the fastest-growing city in New York. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio. The motivated seller. Make an offer.

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Single Family Active

Price

$ 499,000

Bedrooms

7

Full Bath

3

Property Type

Single Family

Taxes

$ 2,200

Style

Fourplex

Lot Size

0.088384

Year Built

1913

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1528636

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected
Possession Closing
Appliances GasWaterHeater
Exterior Features Balcony PrivateYard SeeRemarks
Garage Spaces 0.0
Patio/Porch Features Balcony
Architectural Style Fourplex
Pool Features Community
Construction Materials CompositeSiding
Year Built 1913
Stories 2
Township Not Applicable
Levels Two
Property SubType MixedUse
Gross Income 52800.0
Business Type Mixed
County Erie
Net Operating Income 45780.0
Operating Expense 4820.0
Property Type Residential
Subdivision Name Jones
Rent Includes Gardener TrashCollection Water
Status Active
Directions Google would be the best tool.
City Buffalo
High School District Buffalo
Total Units 2
MLS Area Buffalo City-140200
Lot Size Square Feet 3850.0
Waterfront Y/N No
Street Name Ontario
Year Built Details Existing
Tax Annual Amount 2200.0
Property Condition Resale
Days on Market 1
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 113000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 37
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Interior
Basement Partial
Flooring Laminate Other SeeRemarks Tile Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 0
Street Suffix Street
Laundry Features WasherHookup
Total Bedrooms 7
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Other SeeRemarks TwoorMoreSpaces
Lot Features Other ResidentialLot SeeRemarks
Water Source Connected Public
Lot Size Area 0.0884
Building Area Total 3598.0
Lot Dimensions 35X110
Lot Size Acres 0.0884
Lot Size Units Acres
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet MainThoroughfare
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Internal Only
Street Number 1 255
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* Excluded Features
List By
Park Realty Of Wny Llc

Broker

(716) 507-7161

Phone

Affordability Calculator

$3,669
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$499,000 Listed Price

Map


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255 Ontario Street, Buffalo, NY, 14207 is a Single Family Home for sale at $499,000 with 3,598 sqft and a lot size of 0.088384. 255 Ontario Street has 7 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 14207 which is in Buffalo, NY