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576-578 Taunton Pl 16 Unit Apartment Building $1,395,000 ($87,188/Unit) Buffalo, NY 14216
Executive Summary
Uncover the potential for exceptional ROI at 577-578 Taunton Place! This
multifamily gem in Buffalo presents a rare opportunity for investors to
capitalize on a low-maintenance property with consistent rental income
and long-term stability. The property's strategic location, balanced unit
mix, and strong occupancy rate make it a prime choice for those looking to
grow their real estate portfolio. Don't miss out on the chance to secure a
solid investment in the flourishing Buffalo market – seize the opportunity
at 577-578 Taunton PlaceThis maintained 16-unit multifamily property boasts two
charming all-brick buildings, all 16 units are two-bedrooms.? The buildings are
topped with durable asphalt roofs, ensuring long-term structural integrity
and reducing maintenance costs.? Currently, 15 out of the 16 units are
occupied, immediate and steady cash flow with minimal
vacancies.? With high rental demand in the thriving Buffalo market, this
property offers a secure investment option for those seeking reliable
income and lasting financial security.?
multifamily gem in Buffalo presents a rare opportunity for investors to
capitalize on a low-maintenance property with consistent rental income
and long-term stability. The property's strategic location, balanced unit
mix, and strong occupancy rate make it a prime choice for those looking to
grow their real estate portfolio. Don't miss out on the chance to secure a
solid investment in the flourishing Buffalo market – seize the opportunity
at 577-578 Taunton PlaceThis maintained 16-unit multifamily property boasts two
charming all-brick buildings, all 16 units are two-bedrooms.? The buildings are
topped with durable asphalt roofs, ensuring long-term structural integrity
and reducing maintenance costs.? Currently, 15 out of the 16 units are
occupied, immediate and steady cash flow with minimal
vacancies.? With high rental demand in the thriving Buffalo market, this
property offers a secure investment option for those seeking reliable
income and lasting financial security.?
Property Facts
| Price | $1,395,000 | Building Class | C |
| Price Per Unit | $87,188 | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 7,328 SF |
| No. Units | 16 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1976 |
| Apartment Style | Low-Rise | Parking Ratio | 3.41/1,000 SF |
| Zoning | Multifamily - Multifamily-Residential | ||
| Price | $1,395,000 |
| Price Per Unit | $87,188 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 7,328 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 3.41/1,000 SF |
| Zoning | Multifamily - Multifamily-Residential |
Amenities
Unit Amenities
- Cable Ready
- Eat-in Kitchen
- Carpet
- Basement
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 140200-078-520-0001-004-000 | Improvements Assessment | $1,221,400 |
| Land Assessment | $280,200 | Total Assessment | $1,501,600 |
Property Taxes
Parcel Number
140200-078-520-0001-004-000
Land Assessment
$280,200
Improvements Assessment
$1,221,400
Total Assessment
$1,501,600
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576-578 Taunton Pl