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507 Center St W
Medina, NY 14103
Villa La Bella · Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.92 AC |
| Property Type | Multifamily | Building Size | 14,194 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | ||
| Zoning | 07 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 14,194 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | 07 |
ABOUT 507 CENTER ST W , MEDINA, NY 14103
This 14 unit property is fully occupied and making money with a cap rate of 12% (includes expenses plus additional vacancy, management and maintenance percentages). This 14 unit complex includes three (3) mostly maintenance free buildings on one lot 251 x 158 with plenty of parking including a 2.5 car garage. The main building and the carriage house were built in 1900 and have been well maintained offering many updates and modern amenities. The town houses were built in 1978 and offer 2 bedrooms, 1.5 baths and private patios. This is the turn key opportunity with a low vacancy history that you have been waiting for. This property can also be purchased as part of a package to include 37 units in Lockport. Not included in the certificate of occupancy is a possible 15th unit. CALL KAREN LOFFREDO AT 716.578.9005 FOR APPOINTMENTS/SHOWINGS. Medina, NY
PROPERTY TAXES
| Parcel Number | 343401-079-012-0003-036-000 | Improvements Assessment | $334,400 |
| Land Assessment | $19,200 | Total Assessment | $353,600 |
PROPERTY TAXES
