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698 Columbus Pky 5 Unit Apartment Building $749,000 ($149,800/Unit) 9.36% Cap Rate Buffalo, NY 14213



INVESTMENT HIGHLIGHTS
- 5 Unit Multifamily
- (2) 1 bedroom
- 5 off-street parking spots and 3 garage spaces
- (3) 2 Bedroom apartments
- Beautiful Buffalo red brick building in the Front Park neighborhood on the west side
- All units metered separately with a house meter for common area
EXECUTIVE SUMMARY
- 5 Unit Multifamily
- (3) 2 Bedroom apartments
- (2) 1 bedroom
- Beautiful Buffalo red brick building in the Front Park neighborhood on the west side
- 5 off-street parking spots
- 3 garage spaces
- All units metered separately with a house meter for common area
- (3) 2 Bedroom apartments
- (2) 1 bedroom
- Beautiful Buffalo red brick building in the Front Park neighborhood on the west side
- 5 off-street parking spots
- 3 garage spaces
- All units metered separately with a house meter for common area
PROPERTY FACTS
| Price | $749,000 | Building Class | C |
| Price Per Unit | $149,800 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 7,948 SF |
| Cap Rate | 9.36% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | N-3R - N-3R - UrbNbhd-Residen | ||
| Price | $749,000 |
| Price Per Unit | $149,800 |
| Sale Type | Investment |
| Cap Rate | 9.36% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,948 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | N-3R - N-3R - UrbNbhd-Residen |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 140200-099-740-0001-009-000 | Improvements Assessment | $358,400 |
| Land Assessment | $41,600 | Total Assessment | $400,000 |
PROPERTY TAXES
Parcel Number
140200-099-740-0001-009-000
Land Assessment
$41,600
Improvements Assessment
$358,400
Total Assessment
$400,000
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698 Columbus Pky
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