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24 Unit Multi Family Apartment 1941 Hertel Ave

24 Unit Block of Flats £2,073,776 (£86,407/Unit) 7.05% Net Initial Yield Buffalo, NY 14214

Executive Summary

22 Large 1 Bedroom Units Rents $850-$1000
2 Studios $750 avg
Seperate gas and electric meters
off street parking for 20+ cars
Add value opportunity great for 1031 exchanges

Property Facts

Price £2,073,776 Apartment Style Mid Rise
Price Per Unit £86,407 Building Class C
Sale Type Investment Lot Size 0.23 AC
Net Initial Yield 7.05% Building Size 25,800 SF
No. Units 24 Number of Floors 3
Property Type Residential Year Built 1940
Property Subtype Apartment
Price £2,073,776
Price Per Unit £86,407
Sale Type Investment
Net Initial Yield 7.05%
No. Units 24
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.23 AC
Building Size 25,800 SF
Number of Floors 3
Year Built 1940

Unit Amenities

  • Refrigerator
  • Oven
1 of 1
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 140200-079-690-0001-003-000 Improvements Assessment £521,529
Land Assessment £74,955 Total Assessment £596,484

PROPERTY TAXES

Parcel Number
140200-079-690-0001-003-000
Land Assessment
£74,955
Improvements Assessment
£521,529
Total Assessment
£596,484

zoning

Zoning Code N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.)
N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.)
  • Mike Santa Maria
    Mike Santa Maria
  • Santa Maria Development, LLC
(716) 783-6920

  • Listing ID: 33042782

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 1941 Hertel Ave, Buffalo, NY 14214

The Greater Buffalo Residential Property at 1941 Hertel Ave, Buffalo, NY 14214 is currently available. Contact Santa Maria Development, LLC for more information.

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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 1 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 2 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 3 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 4 of 5
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24 Unit Multi Family Apartment | 1941 Hertel Ave
(716) 783-6920 x

24 Unit Multi Family Apartment | 1941 Hertel Ave

Mike Santa Maria

(716) 783-6920

(716) 783-6920

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